1, MERIDEN WALK, ETCHINGHILL, FOLKESTONE, CT18 8NY - £481,000

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.

1 MERIDEN WALK is a very small extended detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £464,074. It was last sold for £481,000 in April 2023, which was around 12% below the average April 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

1 MERIDEN WALK Sold Prices

Land registry data shows four sales for 1 MERIDEN WALK 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. All of the four 1 MERIDEN WALK 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
2023 6 APR	£481,000	£548,819	12% below HPI
2020 26 JUN	£315,000	£441,068	29% below HPI
2003 28 APR	£170,000	£223,496	24% below HPI
2001 14 FEB	£112,250	£135,851	17% below HPI

1 MERIDEN WALK 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 1 MERIDEN WALK sales between February 2001 and April 2023 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 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 MERIDEN WALK be worth now?

1 MERIDEN WALK might now be worth an estimated £464,074.

This is based on house price deflation of 3.5%, between April 2023 and March 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 3.5% deflationary decrease is applied to the most recent sale price for 1 MERIDEN WALK of £481,000 on 6th April 2023. For the value to have decreased from £481,000 to £464,074 over the two years and one month to March 2025, the following assumptions must hold true:

• The value of 1 MERIDEN WALK has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The April 2023 sale price of £481,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERIDEN WALK has not materially changed since April 2023.

How Large is 1 MERIDEN WALK?

1 MERIDEN WALK is 91m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses houses in Etchinghill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Etchinghill, and where 1 MERIDEN WALK lies on this distribution: 16% of detached houses houses are smaller than 1 MERIDEN WALK, and 82% of houses are larger. Note that EPC data is not available for all properties in Etchinghill.

1 MERIDEN WALK: Plot and Title Map

1 MERIDEN WALK sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 1 MERIDEN WALK, 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 MERIDEN WALK). 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 MERIDEN WALK?

1 MERIDEN WALK is located in ETCHINGHILL, in the CT18 postcode district. The below map shows the position of No. 1 on MERIDEN WALK.