COSY CORNER, CHARLES CRESCENT, FOLKESTONE, CT19 4NG - £310,000

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

COSY CORNER is a very small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £303,516. It was last sold for £310,000 in January 2023, which was around 43% below the average January 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

COSY CORNER Sold Prices

Land registry data shows two sales for COSY CORNER since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two COSY CORNER 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
2023 6 JAN	£310,000	£548,451	43% below HPI
2001 18 JAN	£76,000	£138,815	45% below HPI

COSY CORNER 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 two COSY CORNER sales from January 2001 and January 2023 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 2001 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might COSY CORNER be worth now?

COSY CORNER might now be worth an estimated £303,516.

This is based on house price deflation of 2.1%, between January 2023 and December 2024, 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 2.1% deflationary decrease is applied to the most recent sale price for COSY CORNER of £310,000 on 6th January 2023. For the value to have decreased from £310,000 to £303,516 over the one month to December 2024, the following assumptions must hold true:

• The value of COSY CORNER has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The January 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of COSY CORNER has not materially changed since January 2023.

How Large is COSY CORNER?

COSY CORNER is 84m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 COSY CORNER lies on this distribution: 18% of detached houses houses are smaller than COSY CORNER, and 81% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

COSY CORNER: Plot and Title Map

COSY CORNER sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of COSY CORNER, 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 COSY CORNER). 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 COSY CORNER?

COSY CORNER is located on CHARLES CRESCENT in FOLKESTONE, in the CT19 postcode district. The below map shows the position of COSY CORNER on CHARLES CRESCENT.