PALM TREE COTTAGE, THE STREET, HAWKINGE, FOLKESTONE, CT18 7DD - £370,000

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.

PALM TREE COTTAGE is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £405,216. It was last sold for £370,000 in September 2021, which was around 23% below the average September 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

PALM TREE COTTAGE Sold Prices

Land registry data shows three sales for PALM TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three PALM TREE COTTAGE 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
2021 10 SEP	£370,000	£481,952	23% below HPI
2013 29 NOV	£242,500	£300,965	19% below HPI
2008 8 APR	£228,500	£299,570	24% below HPI

PALM TREE 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 three PALM TREE COTTAGE sales between April 2008 and September 2021 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 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might PALM TREE COTTAGE be worth now?

PALM TREE COTTAGE might now be worth an estimated £405,216.

This is based on house price inflation of 9.5%, between September 2021 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 9.5% inflationary increase is applied to the most recent sale price for PALM TREE COTTAGE of £370,000 on 10th September 2021. For the value to have increased from £370,000 to £405,216 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of PALM TREE COTTAGE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The September 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of PALM TREE COTTAGE has not materially changed since September 2021.

How Large is PALM TREE COTTAGE?

PALM TREE COTTAGE is 90m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkinge, and where PALM TREE COTTAGE lies on this distribution: 16% of detached houses houses are smaller than PALM TREE COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

PALM TREE COTTAGE: Plot and Title Map

PALM TREE COTTAGE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of PALM TREE 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 PALM TREE 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 PALM TREE COTTAGE?

PALM TREE COTTAGE is located on THE STREET in HAWKINGE, in the CT18 postcode district. The below map shows the position of PALM TREE COTTAGE on THE STREET.