8, GREENBANKS, LYMINGE, FOLKESTONE, CT18 8HG - £145,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 GREENBANKS is a small extended semi-detached house of 90m², which could now be worth an estimated £464,807. It was last sold for £145,000 in June 2002, which was around 34% above the average June 2002 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

8 GREENBANKS Sold Prices

Land registry data shows two sales for 8 GREENBANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 8 GREENBANKS 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
2002 27 JUN	£145,000	£108,155	34% above HPI
1997 23 OCT	£70,000	£60,271	16% above HPI

8 GREENBANKS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The two 8 GREENBANKS sales from October 1997 and June 2002 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 October 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2002 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 8 GREENBANKS be worth now?

8 GREENBANKS might now be worth an estimated £464,807.

This is based on house price inflation of 220.6%, between June 2002 and December 2024, for semi-detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 220.6% inflationary increase is applied to the most recent sale price for 8 GREENBANKS of £145,000 on 27th June 2002. For the value to have increased from £145,000 to £464,807 over the 21 years and six months to December 2024, the following assumptions must hold true:

• The value of 8 GREENBANKS has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The June 2002 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREENBANKS has not materially changed since June 2002.

How Large is 8 GREENBANKS?

8 GREENBANKS is 90m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 40% of semi-detached houses houses in Lyminge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lyminge, and where 8 GREENBANKS lies on this distribution: 35% of semi-detached houses houses are smaller than 8 GREENBANKS, and 65% of houses are larger. Note that EPC data is not available for all properties in Lyminge.

8 GREENBANKS: Plot and Title Map

8 GREENBANKS sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 8 GREENBANKS, 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 GREENBANKS). 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 GREENBANKS?

8 GREENBANKS is located in LYMINGE, in the CT18 postcode district. The below map shows the position of No. 8 on GREENBANKS.