7, TEAL CLOSE, HAWKINGE, FOLKESTONE, CT18 7TG - £725,000

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 TEAL CLOSE is a large detached house of 150m², built sometime between 2003 and 2006. It was last sold for £725,000 in May 2023, which was around 38% above the average May 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

7 TEAL CLOSE Sold Prices

Land registry data shows two sales for 7 TEAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 7 TEAL CLOSE sales were for above 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
2023 15 MAY	£725,000	£524,677	38% above HPI
2003 30 SEP	£289,000	£230,175	26% above HPI

7 TEAL CLOSE 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 two 7 TEAL CLOSE sales from September 2003 and May 2023 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 September 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 7 TEAL CLOSE?

7 TEAL CLOSE is 150m² according to the EPC inspection conducted in April 2022. This puts it in the largest 30% 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 TEAL CLOSE lies on this distribution: 72% of detached houses are smaller than 7 TEAL CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

7 TEAL CLOSE: Plot and Title Map

7 TEAL CLOSE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 7 TEAL 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 TEAL 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.

Where is 7 TEAL CLOSE?

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