THE WILDERNESS, COOLINGE LANE, FOLKESTONE, CT20 3QE - £495,000

THE WILDERNESS is a small extended detached house of 118m², built sometime between 1900 and 1929. It was last sold for £495,000 in December 2020, which was around 8% above the average December 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

THE WILDERNESS Sold Prices

Land registry data shows four sales for THE WILDERNESS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the four THE WILDERNESS 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
2020 3 DEC	£495,000	£457,065	8% above HPI
2002 13 JUN	£195,000	£176,283	11% above HPI
1996 21 OCT	£95,000	£86,293	10% above HPI
1995 20 JUL	£55,000	£82,001	33% below HPI

THE WILDERNESS 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 four THE WILDERNESS sales between July 1995 and December 2020 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 June 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2020 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is THE WILDERNESS?

THE WILDERNESS is 118m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where THE WILDERNESS lies on this distribution: 39% of detached houses are smaller than THE WILDERNESS, and 60% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

THE WILDERNESS: Plot and Title Map

THE WILDERNESS sits on a plot of roughly 0.243 of an acre, or 982m². The below map shows the location of THE WILDERNESS, 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 THE WILDERNESS). 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 THE WILDERNESS?

THE WILDERNESS is located on COOLINGE LANE in FOLKESTONE, in the CT20 postcode district. The below map shows the position of THE WILDERNESS on COOLINGE LANE.