SPRINGBANK, ENBROOK VALLEY, FOLKESTONE, CT20 3RN - £202,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPRINGBANK is a large detached house of 182m², built sometime from 2007 onwards, which could now be worth an estimated £386,626. It was last sold for £202,500 in November 2011, which was around 28% below the average November 2011 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

SPRINGBANK Sold Prices

Land registry data shows two sales for SPRINGBANK 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 SPRINGBANK 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
2011 18 NOV	£202,500	£281,249	28% below HPI
2000 13 OCT	£14,250	£145,556	90% below HPI

SPRINGBANK 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 SPRINGBANK sales from October 2000 and November 2011 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 October 2000 sale was for 90% below the HPI. So the extrapolation line tracks at 90% below the HPI over time, until the November 2011 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might SPRINGBANK be worth now?

SPRINGBANK might now be worth an estimated £386,626.

This is based on house price inflation of 90.9%, between November 2011 and December 2024, 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 90.9% inflationary increase is applied to the most recent sale price for SPRINGBANK of £202,500 on 18th November 2011. For the value to have increased from £202,500 to £386,626 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of SPRINGBANK has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The November 2011 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of SPRINGBANK has not materially changed since November 2011.

How Large is SPRINGBANK?

SPRINGBANK is 182m² according to the EPC inspection conducted in August 2011. This puts it in the largest 30% of detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkestone, and where SPRINGBANK lies on this distribution: 74% of detached houses houses are smaller than SPRINGBANK, and 26% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

SPRINGBANK: Plot and Title Map

SPRINGBANK sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of SPRINGBANK, 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 SPRINGBANK). 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 SPRINGBANK?

SPRINGBANK is located on ENBROOK VALLEY in FOLKESTONE, in the CT20 postcode district. The below map shows the position of SPRINGBANK on ENBROOK VALLEY.