MARKEN, ARCHER ROAD, FOLKESTONE, CT19 5RZ - £290,000

MARKEN is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £290,000 in September 2020, which was around 34% below the average September 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

MARKEN Sold Prices

Land registry data shows two sales for MARKEN 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 MARKEN 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
2020 11 SEP	£290,000	£439,084	34% below HPI
2000 31 JAN	£85,950	£119,898	28% below HPI

MARKEN 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 MARKEN sales from January 2000 and September 2020 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 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is MARKEN?

MARKEN is 105m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where MARKEN lies on this distribution: 31% of detached houses are smaller than MARKEN, and 69% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

MARKEN: Plot and Title Map

MARKEN sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of MARKEN, 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 MARKEN). 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 MARKEN?

MARKEN is located on ARCHER ROAD in FOLKESTONE, in the CT19 postcode district. The below map shows the position of MARKEN on ARCHER ROAD.