87, GRASMERE GARDENS, FOLKESTONE, CT19 5JL - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

87 GRASMERE GARDENS is a small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £438,943. It was last sold for £375,000 in January 2020, which was around 17% below the average January 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

87 GRASMERE GARDENS Sold Prices

Land registry data shows three sales for 87 GRASMERE GARDENS 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 87 GRASMERE GARDENS 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 8 JAN	£375,000	£450,932	17% below HPI
2017 13 APR	£297,000	£393,059	24% below HPI
2002 26 FEB	£131,000	£171,165	23% below HPI

87 GRASMERE GARDENS 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 87 GRASMERE GARDENS sales between February 2002 and January 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 April 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 87 GRASMERE GARDENS be worth now?

87 GRASMERE GARDENS might now be worth an estimated £438,943.

This is based on house price inflation of 17.1%, between January 2020 and February 2025, for 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 17.1% inflationary increase is applied to the most recent sale price for 87 GRASMERE GARDENS of £375,000 on 8th January 2020. For the value to have increased from £375,000 to £438,943 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 87 GRASMERE GARDENS has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The January 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 87 GRASMERE GARDENS has not materially changed since January 2020.

How Large is 87 GRASMERE GARDENS?

87 GRASMERE GARDENS is 106m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkestone, and where 87 GRASMERE GARDENS lies on this distribution: 32% of detached houses houses are smaller than 87 GRASMERE GARDENS, and 68% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

87 GRASMERE GARDENS: Plot and Title Map

87 GRASMERE GARDENS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 87 GRASMERE GARDENS, 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 87 GRASMERE GARDENS). 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 87 GRASMERE GARDENS?

87 GRASMERE GARDENS is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 87 on GRASMERE GARDENS.