24, MEADOWBROOK, SANDGATE, FOLKESTONE, CT20 3NY - £337,500

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.

24 MEADOWBROOK is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £412,911. It was last sold for £337,500 in November 2018, which was around 24% below the average November 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

24 MEADOWBROOK Sold Prices

Land registry data shows three sales for 24 MEADOWBROOK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 24 MEADOWBROOK 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
2018 23 NOV	£337,500	£441,997	24% below HPI
2009 17 APR	£212,500	£257,278	17% below HPI
1995 17 NOV	£67,000	£81,634	18% below HPI

24 MEADOWBROOK 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 three 24 MEADOWBROOK sales between November 1995 and November 2018 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 24 MEADOWBROOK be worth now?

24 MEADOWBROOK might now be worth an estimated £412,911.

This is based on house price inflation of 22.3%, between November 2018 and May 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 22.3% inflationary increase is applied to the most recent sale price for 24 MEADOWBROOK of £337,500 on 23rd November 2018. For the value to have increased from £337,500 to £412,911 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 24 MEADOWBROOK has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The November 2018 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MEADOWBROOK has not materially changed since November 2018.

How Large is 24 MEADOWBROOK?

24 MEADOWBROOK is 90m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkestone, and where 24 MEADOWBROOK lies on this distribution: 23% of detached houses houses are smaller than 24 MEADOWBROOK, and 77% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

24 MEADOWBROOK: Plot and Title Map

24 MEADOWBROOK sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 24 MEADOWBROOK, 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 24 MEADOWBROOK). 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 24 MEADOWBROOK?

24 MEADOWBROOK is located in SANDGATE, in the CT20 postcode district. The below map shows the position of No. 24 on MEADOWBROOK.