2, ELMSTEAD PLACE, FOLKESTONE, CT20 1QU - £172,500

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 ELMSTEAD PLACE is a small extended terraced house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £237,774. It was last sold for £172,500 in November 2016, which was around 11% below the average November 2016 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

2 ELMSTEAD PLACE Sold Prices

Land registry data shows four sales for 2 ELMSTEAD PLACE 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 2 ELMSTEAD PLACE 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
2016 17 NOV	£172,500	£194,750	11% below HPI
2010 16 JUL	£129,950	£153,031	15% below HPI
2003 10 JUL	£100,000	£105,861	6% below HPI
2002 25 MAR	£68,000	£75,866	10% below HPI

2 ELMSTEAD PLACE 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 2 ELMSTEAD PLACE sales between March 2002 and November 2016 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 July 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 ELMSTEAD PLACE be worth now?

2 ELMSTEAD PLACE might now be worth an estimated £237,774.

This is based on house price inflation of 37.8%, between November 2016 and June 2025, 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 37.8% inflationary increase is applied to the most recent sale price for 2 ELMSTEAD PLACE of £172,500 on 17th November 2016. For the value to have increased from £172,500 to £237,774 over the nine years and five months to June 2025, the following assumptions must hold true:

• The value of 2 ELMSTEAD PLACE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The November 2016 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ELMSTEAD PLACE has not materially changed since November 2016.

How Large is 2 ELMSTEAD PLACE?

2 ELMSTEAD PLACE is 90m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% 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 2 ELMSTEAD PLACE lies on this distribution: 23% of terraced houses houses are smaller than 2 ELMSTEAD PLACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

2 ELMSTEAD PLACE: Plot and Title Map

2 ELMSTEAD PLACE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 2 ELMSTEAD PLACE, 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 ELMSTEAD PLACE). 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 ELMSTEAD PLACE?

2 ELMSTEAD PLACE is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 2 on ELMSTEAD PLACE.