88, FIRS LANE, FOLKESTONE, CT19 4QE - £200,000

88 FIRS LANE is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £200,000 in October 2015, which was around 42% below the average October 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was C.

88 FIRS LANE Sold Prices

Land registry data shows four sales for 88 FIRS LANE 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 88 FIRS LANE 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
2015 19 OCT	£200,000	£344,311	42% below HPI
2013 11 JAN	£160,000	£282,817	43% below HPI
2004 7 JUN	£167,500	£246,803	32% below HPI
1996 30 AUG	£51,000	£87,276	42% below HPI

88 FIRS LANE 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 88 FIRS LANE sales between August 1996 and October 2015 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 January 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2015 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 88 FIRS LANE?

88 FIRS LANE is 82m² according to the EPC inspection conducted in March 2010. 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 88 FIRS LANE lies on this distribution: 16% of detached houses are smaller than 88 FIRS LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

88 FIRS LANE: Plot and Title Map

88 FIRS LANE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 88 FIRS LANE, 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 88 FIRS LANE). 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 88 FIRS LANE?

88 FIRS LANE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 88 on FIRS LANE.