10, WELLS ROAD, FOLKESTONE, CT19 4PW - £340,000

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.

10 WELLS ROAD is a midsized extended semi-detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £425,558. It was last sold for £340,000 in June 2018, which was around 26% above the average June 2018 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

10 WELLS ROAD Sold Prices

Land registry data shows three sales for 10 WELLS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 10 WELLS ROAD 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
2018 15 JUN	£340,000	£270,678	26% above HPI
2012 2 NOV	£216,000	£182,125	19% above HPI
1998 7 AUG	£78,000	£65,058	20% above HPI

10 WELLS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The three 10 WELLS ROAD sales between August 1998 and June 2018 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 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2018 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 10 WELLS ROAD be worth now?

10 WELLS ROAD might now be worth an estimated £425,558.

This is based on house price inflation of 25.2%, between June 2018 and June 2025, for semi-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 25.2% inflationary increase is applied to the most recent sale price for 10 WELLS ROAD of £340,000 on 15th June 2018. For the value to have increased from £340,000 to £425,558 over the seven years to June 2025, the following assumptions must hold true:

• The value of 10 WELLS ROAD has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The June 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WELLS ROAD has not materially changed since June 2018.

How Large is 10 WELLS ROAD?

10 WELLS ROAD is 124m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of semi-detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Folkestone, and where 10 WELLS ROAD lies on this distribution: 43% of semi-detached houses houses are smaller than 10 WELLS ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

10 WELLS ROAD: Plot and Title Map

10 WELLS ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 10 WELLS ROAD, 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 10 WELLS ROAD). 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 10 WELLS ROAD?

10 WELLS ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 10 on WELLS ROAD.