2, LOWER CORNICHE, HYTHE, CT21 5TP - £355,000

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 LOWER CORNICHE is a midsized terraced house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £681,240. It was last sold for £355,000 in August 2011, which was around 150% above the average August 2011 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

2 LOWER CORNICHE Sold Prices

Land registry data shows two sales for 2 LOWER CORNICHE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 2 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
2011 26 AUG	£355,000	£141,901	150% above HPI
2006 25 MAY	£334,950	£143,932	133% above HPI

2 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 two 2 LOWER CORNICHE sales from May 2006 and August 2011 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 May 2006 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the August 2011 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.

What might 2 LOWER CORNICHE be worth now?

2 LOWER CORNICHE might now be worth an estimated £681,240.

This is based on house price inflation of 91.9%, between August 2011 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 91.9% inflationary increase is applied to the most recent sale price for 2 LOWER CORNICHE of £355,000 on 26th August 2011. For the value to have increased from £355,000 to £681,240 over the fifteen years and four months to April 2026, the following assumptions must hold true:

• The value of 2 LOWER CORNICHE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The August 2011 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOWER CORNICHE has not materially changed since August 2011.

How Large is 2 LOWER CORNICHE?

2 LOWER CORNICHE is 121m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 50% 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 LOWER CORNICHE lies on this distribution: 42% of terraced houses houses are smaller than 2 LOWER CORNICHE, and 58% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

2 LOWER CORNICHE: Plot and Title Map

2 LOWER CORNICHE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 2 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 2 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 2 LOWER CORNICHE?

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