2, ROEDEAN CLOSE, FOLKESTONE, CT19 5UY - £322,000

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 ROEDEAN CLOSE is a small terraced house of 97m², built in 2014, which could now be worth an estimated £393,599. It was last sold for £322,000 in February 2020, which was around 45% above the average February 2020 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

2 ROEDEAN CLOSE Sold Prices

Land registry data shows two sales for 2 ROEDEAN CLOSE 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 ROEDEAN CLOSE 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
2020 12 FEB	£322,000	£222,771	45% above HPI
2016 21 DEC	£289,995	£194,171	49% above HPI

2 ROEDEAN CLOSE 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 ROEDEAN CLOSE sales from December 2016 and February 2020 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 December 2016 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2020 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 2 ROEDEAN CLOSE be worth now?

2 ROEDEAN CLOSE might now be worth an estimated £393,599.

This is based on house price inflation of 22.2%, between February 2020 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 22.2% inflationary increase is applied to the most recent sale price for 2 ROEDEAN CLOSE of £322,000 on 12th February 2020. For the value to have increased from £322,000 to £393,599 over the five years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 ROEDEAN CLOSE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The February 2020 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROEDEAN CLOSE has not materially changed since February 2020.

How Large is 2 ROEDEAN CLOSE?

2 ROEDEAN CLOSE is 97m² according to the EPC inspection conducted in December 2016. 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 ROEDEAN CLOSE lies on this distribution: 26% of terraced houses houses are smaller than 2 ROEDEAN CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

2 ROEDEAN CLOSE: Plot and Title Map

2 ROEDEAN CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 2 ROEDEAN 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 ROEDEAN 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 ROEDEAN CLOSE?

2 ROEDEAN CLOSE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 2 on ROEDEAN CLOSE.