1, GEDDES CLOSE, HAWKINGE, FOLKESTONE, CT18 7QL - £222,500

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.

1 GEDDES CLOSE is a midsized extended detached house of 128m², built sometime between 2003 and 2006, which could now be worth an estimated £479,953. It was last sold for £222,500 in March 2004, which was around 11% below the average March 2004 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

1 GEDDES CLOSE Sold Prices

Land registry data shows two sales for 1 GEDDES CLOSE 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 1 GEDDES CLOSE 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
2004 15 MAR	£222,500	£250,688	11% below HPI
2003 19 DEC	£175,000	£245,180	29% below HPI

1 GEDDES CLOSE 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 1 GEDDES CLOSE sales from December 2003 and March 2004 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 December 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2004 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 GEDDES CLOSE be worth now?

1 GEDDES CLOSE might now be worth an estimated £479,953.

This is based on house price inflation of 115.7%, between March 2004 and May 2026, 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 115.7% inflationary increase is applied to the most recent sale price for 1 GEDDES CLOSE of £222,500 on 15th March 2004. For the value to have increased from £222,500 to £479,953 over the 21 years and ten months to May 2026, the following assumptions must hold true:

• The value of 1 GEDDES CLOSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The March 2004 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GEDDES CLOSE has not materially changed since March 2004.

How Large is 1 GEDDES CLOSE?

1 GEDDES CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 50% of detached houses houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkinge, and where 1 GEDDES CLOSE lies on this distribution: 55% of detached houses houses are smaller than 1 GEDDES CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

1 GEDDES CLOSE: Plot and Title Map

1 GEDDES CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 1 GEDDES CLOSE, 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 1 GEDDES CLOSE). 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 1 GEDDES CLOSE?

1 GEDDES CLOSE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 1 on GEDDES CLOSE.