RAGSTONE BARN, GIBRALTAR LANE, HAWKINGE, FOLKESTONE, CT18 7AE - £525,000

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

RAGSTONE BARN is a small extended detached house of 105m², built sometime between 2003 and 2006. It was last sold for £525,000 in February 2017, which was around 36% above the average February 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was D.

RAGSTONE BARN Sold Prices

Land registry data shows two sales for RAGSTONE BARN 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. One of the two RAGSTONE BARN sales was for above the average price, whilst the other was 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 24 FEB	£525,000	£385,688	36% above HPI
2002 21 NOV	£130,000	£198,845	35% below HPI

RAGSTONE BARN 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 RAGSTONE BARN sales from November 2002 and February 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 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2017 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is RAGSTONE BARN?

RAGSTONE BARN is 105m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where RAGSTONE BARN lies on this distribution: 30% of detached houses are smaller than RAGSTONE BARN, and 69% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

RAGSTONE BARN: Plot and Title Map

RAGSTONE BARN sits on a plot of roughly 0.354 of an acre, or 1,433m². The below map shows the location of RAGSTONE BARN, 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 RAGSTONE BARN). 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 RAGSTONE BARN?

RAGSTONE BARN is located on GIBRALTAR LANE in HAWKINGE, in the CT18 postcode district. The below map shows the position of RAGSTONE BARN on GIBRALTAR LANE.