MARWOOD, STELLING MINNIS, CANTERBURY, CT4 6AQ - £510,000

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.

MARWOOD is a very small extended detached house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £602,101. It was last sold for £510,000 in November 2019, which was around 14% above the average November 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was A.

MARWOOD Sold Prices

Land registry data shows two sales for MARWOOD 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 MARWOOD 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
2019 5 NOV	£510,000	£447,084	14% above HPI
1998 11 SEP	£122,000	£109,763	11% above HPI

MARWOOD 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 MARWOOD sales from September 1998 and November 2019 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 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might MARWOOD be worth now?

MARWOOD might now be worth an estimated £602,101.

This is based on house price inflation of 18.1%, between November 2019 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 18.1% inflationary increase is applied to the most recent sale price for MARWOOD of £510,000 on 5th November 2019. For the value to have increased from £510,000 to £602,101 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of MARWOOD has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The November 2019 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of MARWOOD has not materially changed since November 2019.

How Large is MARWOOD?

MARWOOD is 90m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Stelling Minnis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stelling Minnis, and where MARWOOD lies on this distribution: 15% of detached houses houses are smaller than MARWOOD, and 85% of houses are larger. Note that EPC data is not available for all properties in Stelling Minnis.

MARWOOD: Plot and Title Map

MARWOOD sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of MARWOOD, 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 MARWOOD). 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 MARWOOD?

MARWOOD is located in STELLING MINNIS, in the CT4 postcode district. The below map shows the position of MARWOOD in STELLING MINNIS.