17, MAYFLY DRIVE, HAWKINGE, FOLKESTONE, CT18 7FD - £147,000

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.

17 MAYFLY DRIVE is a very small terraced house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £255,126. It was last sold for £147,000 in May 2014, which was around 8% below the average May 2014 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

17 MAYFLY DRIVE Sold Prices

Land registry data shows three sales for 17 MAYFLY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. Two of the three 17 MAYFLY DRIVE sales were for below the average price, whilst one was 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
2014 29 MAY	£147,000	£159,425	8% below HPI
2004 17 AUG	£125,000	£131,475	5% below HPI
1995 15 SEP	£49,450	£38,959	27% above HPI

17 MAYFLY DRIVE 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 three 17 MAYFLY DRIVE sales between September 1995 and May 2014 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 17 MAYFLY DRIVE be worth now?

17 MAYFLY DRIVE might now be worth an estimated £255,126.

This is based on house price inflation of 73.6%, between May 2014 and May 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 73.6% inflationary increase is applied to the most recent sale price for 17 MAYFLY DRIVE of £147,000 on 29th May 2014. For the value to have increased from £147,000 to £255,126 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 17 MAYFLY DRIVE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The May 2014 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MAYFLY DRIVE has not materially changed since May 2014.

How Large is 17 MAYFLY DRIVE?

17 MAYFLY DRIVE is 54m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Hawkinge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hawkinge, and where 17 MAYFLY DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 17 MAYFLY DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

17 MAYFLY DRIVE: Plot and Title Map

17 MAYFLY DRIVE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 17 MAYFLY DRIVE, 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 17 MAYFLY DRIVE). 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 17 MAYFLY DRIVE?

17 MAYFLY DRIVE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 17 on MAYFLY DRIVE.