12, LOWER CORNICHE, HYTHE, CT21 5TP - £550,000

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.

12 LOWER CORNICHE is a large terraced house of 165m², built sometime between 2007 and 2011, which could now be worth an estimated £573,662. It was last sold for £550,000 in January 2022, which was around 111% above the average January 2022 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

12 LOWER CORNICHE Sold Prices

Land registry data shows four sales for 12 LOWER CORNICHE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 12 LOWER CORNICHE 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
2022 14 JAN	£550,000	£261,074	111% above HPI
2016 25 NOV	£440,000	£194,750	126% above HPI
2010 5 FEB	£360,000	£147,054	145% above HPI
2006 7 SEP	£315,000	£146,654	115% above HPI

12 LOWER CORNICHE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The four 12 LOWER CORNICHE sales between September 2006 and January 2022 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 2016 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the January 2022 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might 12 LOWER CORNICHE be worth now?

12 LOWER CORNICHE might now be worth an estimated £573,662.

This is based on house price inflation of 4.3%, between January 2022 and April 2026, for terraced 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 4.3% inflationary increase is applied to the most recent sale price for 12 LOWER CORNICHE of £550,000 on 14th January 2022. For the value to have increased from £550,000 to £573,662 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 12 LOWER CORNICHE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The January 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LOWER CORNICHE has not materially changed since January 2022.

How Large is 12 LOWER CORNICHE?

12 LOWER CORNICHE is 165m² according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of terraced houses houses in Folkestone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Folkestone, and where 12 LOWER CORNICHE lies on this distribution: 66% of terraced houses houses are smaller than 12 LOWER CORNICHE, and 34% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

12 LOWER CORNICHE: Plot and Title Map

12 LOWER CORNICHE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 12 LOWER CORNICHE, 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 12 LOWER CORNICHE). 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 12 LOWER CORNICHE?

12 LOWER CORNICHE is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 12 on LOWER CORNICHE.