16, MILESTONE CLOSE, FOLKESTONE, CT19 5TE - £285,000

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.

16 MILESTONE CLOSE is a midsized detached house of 141m², built sometime between 1976 and 1982, which could now be worth an estimated £521,543. It was last sold for £285,000 in November 2012, which was around 1% below the average November 2012 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

16 MILESTONE CLOSE Sold Prices

Land registry data shows two sales for 16 MILESTONE 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 16 MILESTONE 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
2012 15 NOV	£285,000	£288,432	1% below HPI
2010 6 AUG	£280,000	£298,326	6% below HPI

16 MILESTONE 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 16 MILESTONE CLOSE sales from August 2010 and November 2012 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 August 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2012 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 MILESTONE CLOSE be worth now?

16 MILESTONE CLOSE might now be worth an estimated £521,543.

This is based on house price inflation of 83%, between November 2012 and February 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 83% inflationary increase is applied to the most recent sale price for 16 MILESTONE CLOSE of £285,000 on 15th November 2012. For the value to have increased from £285,000 to £521,543 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 MILESTONE CLOSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The November 2012 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILESTONE CLOSE has not materially changed since November 2012.

How Large is 16 MILESTONE CLOSE?

16 MILESTONE CLOSE is 141m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkestone, and where 16 MILESTONE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 16 MILESTONE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

16 MILESTONE CLOSE: Plot and Title Map

16 MILESTONE CLOSE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 16 MILESTONE 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 16 MILESTONE 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 16 MILESTONE CLOSE?

16 MILESTONE CLOSE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 16 on MILESTONE CLOSE.