2, CHESTNUT CLOSE, HYTHE, CT21 6PT - £175,000

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.

2 CHESTNUT CLOSE is a very small semi-detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £311,927. It was last sold for £175,000 in December 2013, which was around 8% below the average December 2013 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

2 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 2 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 2 CHESTNUT 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
2013 3 DEC	£175,000	£190,072	8% below HPI
2009 28 APR	£140,000	£164,492	15% below HPI
2003 14 FEB	£130,500	£133,657	2% below HPI
1995 30 NOV	£45,000	£49,412	9% below HPI

2 CHESTNUT CLOSE 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 four 2 CHESTNUT CLOSE sales between November 1995 and December 2013 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 April 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 CHESTNUT CLOSE be worth now?

2 CHESTNUT CLOSE might now be worth an estimated £311,927.

This is based on house price inflation of 78.2%, between December 2013 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 78.2% inflationary increase is applied to the most recent sale price for 2 CHESTNUT CLOSE of £175,000 on 3rd December 2013. For the value to have increased from £175,000 to £311,927 over the twelve years and six months to June 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The December 2013 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT CLOSE has not materially changed since December 2013.

How Large is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is 68m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Hythe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hythe, and where 2 CHESTNUT CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 2 CHESTNUT CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hythe.

2 CHESTNUT CLOSE: Plot and Title Map

2 CHESTNUT CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 CHESTNUT 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 2 CHESTNUT 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 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 2 on CHESTNUT CLOSE.