GREENGATES, WESTFIELD LANE, ETCHINGHILL, FOLKESTONE, CT18 8BX - £268,000

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

GREENGATES is a very small extended detached house of 67m², built sometime between 1950 and 1966. It was last sold for £268,000 in April 2017, which was around 30% below the average April 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

GREENGATES Sold Prices

Land registry data shows two sales for GREENGATES 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 GREENGATES 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
2017 28 APR	£268,000	£381,449	30% below HPI
1999 18 NOV	£85,000	£115,125	26% below HPI

GREENGATES 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 GREENGATES sales from November 1999 and April 2017 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 November 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is GREENGATES?

GREENGATES is 67m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Etchinghill, based on EPC data. The below chart shows the distribution of detached houses by size in Etchinghill, and where GREENGATES lies on this distribution: 7% of detached houses are smaller than GREENGATES, and 93% of houses are larger. Note that EPC data is not available for all properties in Etchinghill.

GREENGATES: Plot and Title Map

GREENGATES sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of GREENGATES, 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 GREENGATES). 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 GREENGATES?

GREENGATES is located on WESTFIELD LANE in ETCHINGHILL, in the CT18 postcode district. The below map shows the position of GREENGATES on WESTFIELD LANE.