FLAT 71, 1, THE LEAS, FOLKESTONE, CT20 2DR - £157,000

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

FLAT 71 1 THE LEAS is a large semi-detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £356,428. It was last sold for £157,000 in January 2004, which was around 3% above the average January 2004 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

FLAT 71 1 THE LEAS Sold Prices

Land registry data shows two sales for FLAT 71 1 THE LEAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two FLAT 71 1 THE LEAS sales were 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
2004 29 JAN	£157,000	£152,714	3% above HPI
1996 21 OCT	£97,500	£53,259	83% above HPI

FLAT 71 1 THE LEAS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The two FLAT 71 1 THE LEAS sales from October 1996 and January 2004 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 October 1996 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the January 2004 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might FLAT 71 1 THE LEAS be worth now?

FLAT 71 1 THE LEAS might now be worth an estimated £356,428.

This is based on house price inflation of 127%, between January 2004 and December 2024, for semi-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 127% inflationary increase is applied to the most recent sale price for FLAT 71 1 THE LEAS of £157,000 on 29th January 2004. For the value to have increased from £157,000 to £356,428 over the nineteen years and one month to December 2024, the following assumptions must hold true:

• The value of FLAT 71 1 THE LEAS has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The January 2004 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 71 1 THE LEAS has not materially changed since January 2004.

How Large is FLAT 71 1 THE LEAS?

FLAT 71 1 THE LEAS is 163m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of semi-detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Folkestone, and where FLAT 71 1 THE LEAS lies on this distribution: 65% of semi-detached houses houses are smaller than FLAT 71 1 THE LEAS, and 34% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

FLAT 71 1 THE LEAS: Plot and Title Map

FLAT 71 1 THE LEAS sits on a plot of roughly 1.1 acres, or 4,514m². The below map shows the location of FLAT 71 1 THE LEAS, 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 FLAT 71 1 THE LEAS). 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 FLAT 71 1 THE LEAS?

FLAT 71, 1 THE LEAS is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 1 on THE LEAS.