8, DURA WAY, FOLKESTONE, CT20 3SF - £350,000

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

8 DURA WAY is a very small detached house of 85m². It was last sold for £350,000 in June 2021, which was around 24% below the average June 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

8 DURA WAY Sold Prices

Land registry data shows three sales for 8 DURA WAY 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 8 DURA WAY 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
2021 30 JUN	£350,000	£461,351	24% below HPI
2021 12 FEB	£320,000	£451,647	29% below HPI
2018 26 OCT	£286,500	£425,719	33% below HPI

8 DURA WAY 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 8 DURA WAY sales between October 2018 and June 2021 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 February 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 DURA WAY?

8 DURA WAY is 85m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 8 DURA WAY lies on this distribution: 19% of detached houses are smaller than 8 DURA WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

8 DURA WAY: Plot and Title Map

8 DURA WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 8 DURA WAY, 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 8 DURA WAY). 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 8 DURA WAY?

8 DURA WAY is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 8 on DURA WAY.