3, MUDIE CLOSE, HAWKINGE, FOLKESTONE, CT18 7TW - £224,500

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.

3 MUDIE CLOSE is a very small semi-detached house of 95m², built in 2008, which could now be worth an estimated £362,536. It was last sold for £224,500 in July 2015, which was around 4% above the average July 2015 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2009, where the current energy rating was B, and the potential energy rating was B.

3 MUDIE CLOSE Sold Prices

Land registry data shows two sales for 3 MUDIE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. One of the two 3 MUDIE CLOSE sales was for above the average price, whilst the other was 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
2015 10 JUL	£224,500	£215,668	4% above HPI
2009 11 DEC	£154,000	£178,557	14% below HPI

3 MUDIE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The two 3 MUDIE CLOSE sales from December 2009 and July 2015 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 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 MUDIE CLOSE be worth now?

3 MUDIE CLOSE might now be worth an estimated £362,536.

This is based on house price inflation of 61.5%, between July 2015 and May 2026, for semi-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 61.5% inflationary increase is applied to the most recent sale price for 3 MUDIE CLOSE of £224,500 on 10th July 2015. For the value to have increased from £224,500 to £362,536 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 3 MUDIE CLOSE has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The July 2015 sale price of £224,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MUDIE CLOSE has not materially changed since July 2015.

How Large is 3 MUDIE CLOSE?

3 MUDIE CLOSE is 95m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of semi-detached houses houses in Hawkinge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hawkinge, and where 3 MUDIE CLOSE lies on this distribution: 20% of semi-detached houses houses are smaller than 3 MUDIE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

Where is 3 MUDIE CLOSE?

3 MUDIE CLOSE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 3 on MUDIE CLOSE.