GATE COTTAGE, RECTORY LANE, SALTWOOD, HYTHE, CT21 4PX - £335,000

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.

GATE COTTAGE is a very small extended detached house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £515,460. It was last sold for £335,000 in August 2015, which was around 2% below the average August 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

GATE COTTAGE Sold Prices

Land registry data shows two sales for GATE COTTAGE 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 GATE COTTAGE 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
2015 21 AUG	£335,000	£343,035	2% below HPI
1999 10 SEP	£139,950	£120,020	17% above HPI

GATE COTTAGE 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 GATE COTTAGE sales from September 1999 and August 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 September 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might GATE COTTAGE be worth now?

GATE COTTAGE might now be worth an estimated £515,460.

This is based on house price inflation of 53.9%, between August 2015 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 53.9% inflationary increase is applied to the most recent sale price for GATE COTTAGE of £335,000 on 21st August 2015. For the value to have increased from £335,000 to £515,460 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of GATE COTTAGE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The August 2015 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of GATE COTTAGE has not materially changed since August 2015.

How Large is GATE COTTAGE?

GATE COTTAGE is 90m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Saltwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltwood, and where GATE COTTAGE lies on this distribution: 9% of detached houses houses are smaller than GATE COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Saltwood.

GATE COTTAGE: Plot and Title Map

GATE COTTAGE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of GATE COTTAGE, 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 GATE COTTAGE). 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 GATE COTTAGE?

GATE COTTAGE is located on RECTORY LANE in SALTWOOD, in the CT21 postcode district. The below map shows the position of GATE COTTAGE on RECTORY LANE.