2, MAYFLY DRIVE, HAWKINGE, FOLKESTONE, CT18 7FD - £447,000

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 MAYFLY DRIVE is a small detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £453,246. It was last sold for £447,000 in June 2022, which was around 15% below the average June 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

2 MAYFLY DRIVE Sold Prices

Land registry data shows five sales for 2 MAYFLY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. The five 2 MAYFLY DRIVE sales were a mix of below the average price, and roughly equal to 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
2022 17 JUN	£447,000	£526,621	15% below HPI
2017 3 NOV	£310,000	£408,829	24% below HPI
2002 25 OCT	£155,000	£204,059	24% below HPI
1999 27 OCT	£103,000	£117,429	12% below HPI
1995 15 NOV	£81,450	£81,634	Close to HPI

2 MAYFLY DRIVE 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 five 2 MAYFLY DRIVE sales between November 1995 and June 2022 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 November 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 MAYFLY DRIVE be worth now?

2 MAYFLY DRIVE might now be worth an estimated £453,246.

This is based on house price inflation of 1.4%, between June 2022 and April 2026, 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 1.4% inflationary increase is applied to the most recent sale price for 2 MAYFLY DRIVE of £447,000 on 17th June 2022. For the value to have increased from £447,000 to £453,246 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 2 MAYFLY DRIVE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The June 2022 sale price of £447,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAYFLY DRIVE has not materially changed since June 2022.

How Large is 2 MAYFLY DRIVE?

2 MAYFLY DRIVE is 97m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkinge, and where 2 MAYFLY DRIVE lies on this distribution: 23% of detached houses houses are smaller than 2 MAYFLY DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

2 MAYFLY DRIVE: Plot and Title Map

2 MAYFLY DRIVE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 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 2 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 2 MAYFLY DRIVE?

2 MAYFLY DRIVE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 2 on MAYFLY DRIVE.