8, KIPPING CLOSE, HAWKINGE, FOLKESTONE, CT18 7NY - £270,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 KIPPING CLOSE is a very small semi-detached house of 58m², built sometime between 1996 and 2002. It was last sold for £270,000 in October 2022, which was around 50% below the average October 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

8 KIPPING CLOSE Sold Prices

Land registry data shows four sales for 8 KIPPING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 8 KIPPING 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
2022 13 OCT	£270,000	£539,911	50% below HPI
2014 6 JUN	£171,000	£304,384	44% below HPI
2004 20 SEP	£134,950	£264,886	49% below HPI
1999 25 JUN	£70,250	£107,054	34% below HPI

8 KIPPING 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 four 8 KIPPING CLOSE sales between June 1999 and October 2022 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 June 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 8 KIPPING CLOSE?

8 KIPPING CLOSE is 58m² according to the EPC inspection conducted in March 2014. 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 8 KIPPING CLOSE lies on this distribution: 1% of detached houses are smaller than 8 KIPPING CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

8 KIPPING CLOSE: Plot and Title Map

8 KIPPING CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 8 KIPPING 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 8 KIPPING 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 8 KIPPING CLOSE?

8 KIPPING CLOSE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 8 on KIPPING CLOSE.