7, PANNELL DRIVE, HAWKINGE, FOLKESTONE, CT18 7PJ - £356,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 PANNELL DRIVE is a small extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £356,500 in March 2020, which was around 17% below the average March 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

7 PANNELL DRIVE Sold Prices

Land registry data shows three sales for 7 PANNELL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 7 PANNELL DRIVE 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
2020 19 MAR	£356,500	£428,296	17% below HPI
2014 3 DEC	£250,000	£324,505	23% below HPI
2002 15 NOV	£171,500	£198,845	14% below HPI

7 PANNELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The three 7 PANNELL DRIVE sales between November 2002 and March 2020 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 December 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 PANNELL DRIVE?

7 PANNELL DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 PANNELL DRIVE lies on this distribution: 39% of detached houses are smaller than 7 PANNELL DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

7 PANNELL DRIVE: Plot and Title Map

7 PANNELL DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 7 PANNELL DRIVE, 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 PANNELL DRIVE). 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.

Where is 7 PANNELL DRIVE?

7 PANNELL DRIVE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 7 on PANNELL DRIVE.