SHEARWATER, RADNOR CLIFF CRESCENT, FOLKESTONE, CT20 2JG - £650,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SHEARWATER is a midsized extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £650,000 in March 2024, which was around 31% above the average March 2024 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

SHEARWATER Sold Prices

Land registry data shows three sales for SHEARWATER 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 SHEARWATER 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
2024 7 MAR	£650,000	£496,697	31% above HPI
2013 26 NOV	£395,000	£292,075	35% above HPI
2005 2 JUN	£375,000	£265,123	41% above HPI

SHEARWATER 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 SHEARWATER sales between June 2005 and March 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 November 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2024 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is SHEARWATER?

SHEARWATER is 144m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where SHEARWATER lies on this distribution: 56% of detached houses are smaller than SHEARWATER, and 43% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

SHEARWATER: Plot and Title Map

SHEARWATER sits on a plot of roughly 0.299 of an acre, or 1,211m². The below map shows the location of SHEARWATER, 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 SHEARWATER). 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 SHEARWATER?

SHEARWATER is located on RADNOR CLIFF CRESCENT in FOLKESTONE, in the CT20 postcode district. The below map shows the position of SHEARWATER on RADNOR CLIFF CRESCENT.