OAKLEY HOUSE, ASHLEY AVENUE, FOLKESTONE, CT19 4NY - £360,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

OAKLEY HOUSE is a large extended detached house of 166m², built sometime between 1930 and 1949. It was last sold for £360,000 in January 2024, which was around 28% below the average January 2024 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

OAKLEY HOUSE Sold Prices

Land registry data shows two sales for OAKLEY HOUSE 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 OAKLEY HOUSE 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
2024 31 JAN	£360,000	£502,511	28% below HPI
2003 5 SEP	£190,000	£230,175	17% below HPI

OAKLEY HOUSE 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 OAKLEY HOUSE sales from September 2003 and January 2024 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 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is OAKLEY HOUSE?

OAKLEY HOUSE is 166m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 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 OAKLEY HOUSE lies on this distribution: 67% of detached houses are smaller than OAKLEY HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

OAKLEY HOUSE: Plot and Title Map

OAKLEY HOUSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of OAKLEY HOUSE, 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 OAKLEY HOUSE). 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 OAKLEY HOUSE?

OAKLEY HOUSE is located on ASHLEY AVENUE in FOLKESTONE, in the CT19 postcode district. The below map shows the position of OAKLEY HOUSE on ASHLEY AVENUE.