Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 DOWNS CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £375,000 in August 2024, which was around 27% below the average August 2024 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 7 DOWNS CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the five 7 DOWNS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2024 23 AUG | £375,000 | £516,908 | 27% below HPI |
2019 23 AUG | £265,000 | £418,410 | 37% below HPI |
2006 10 MAR | £184,000 | £265,138 | 31% below HPI |
2002 22 FEB | £118,000 | £166,110 | 29% below HPI |
1999 23 JUN | £80,000 | £107,054 | 25% below HPI |
The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The five 7 DOWNS CLOSE sales between June 1999 and August 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
7 DOWNS CLOSE is 77m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 7 DOWNS CLOSE lies on this distribution: 5% of detached houses are smaller than 7 DOWNS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.
7 DOWNS CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 7 DOWNS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 DOWNS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
7 DOWNS CLOSE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 7 on DOWNS CLOSE.