DOMIK, SCHOOL ROAD, ACRISE, FOLKESTONE, CT18 8LR - £120,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

DOMIK is a very large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £120,000 in March 2012, which was around 56% below the average March 2012 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

DOMIK Sold Prices

Land registry data shows two sales for DOMIK 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. One of the two DOMIK sales was for below the average price, whilst the other was 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
2012 2 MAR	£120,000	£272,472	56% below HPI
2005 11 AUG	£287,500	£262,961	9% above HPI

DOMIK 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 DOMIK sales from August 2005 and March 2012 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 August 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2012 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is DOMIK?

DOMIK is 157m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Densole, based on EPC data. The below chart shows the distribution of detached houses by size in Densole, and where DOMIK lies on this distribution: 80% of detached houses are smaller than DOMIK, and 20% of houses are larger. Note that EPC data is not available for all properties in Densole.

DOMIK: Plot and Title Map

DOMIK sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of DOMIK, 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 DOMIK). 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 DOMIK?

DOMIK is located on SCHOOL ROAD in ACRISE, in the CT18 postcode district. The below map shows the position of DOMIK on SCHOOL ROAD.