RICHDALE, BARTHOLOMEW CLOSE, HYTHE, CT21 4BS - £525,000

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.

RICHDALE is a small detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £641,453. It was last sold for £525,000 in June 2018, which was around 22% above the average June 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

RICHDALE Sold Prices

Land registry data shows three sales for RICHDALE 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 RICHDALE 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
2018 21 JUN	£525,000	£429,570	22% above HPI
2009 25 SEP	£370,000	£277,965	33% above HPI
2004 13 AUG	£325,000	£270,530	20% above HPI

RICHDALE 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 RICHDALE sales between August 2004 and June 2018 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 2009 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2018 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might RICHDALE be worth now?

RICHDALE might now be worth an estimated £641,453.

This is based on house price inflation of 22.2%, between June 2018 and June 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 22.2% inflationary increase is applied to the most recent sale price for RICHDALE of £525,000 on 21st June 2018. For the value to have increased from £525,000 to £641,453 over the seven years to June 2025, the following assumptions must hold true:

• The value of RICHDALE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The June 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of RICHDALE has not materially changed since June 2018.

How Large is RICHDALE?

RICHDALE is 99m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hythe, and where RICHDALE lies on this distribution: 26% of detached houses houses are smaller than RICHDALE, and 73% of houses are larger. Note that EPC data is not available for all properties in Hythe.

RICHDALE: Plot and Title Map

RICHDALE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of RICHDALE, 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 RICHDALE). 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 RICHDALE?

RICHDALE is located on BARTHOLOMEW CLOSE in HYTHE, in the CT21 postcode district. The below map shows the position of RICHDALE on BARTHOLOMEW CLOSE.