3, PAY STREET, DENSOLE, FOLKESTONE, CT18 7DN - £392,500

3 PAY STREET is a large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £392,500 in December 2015, which was around 13% above the average December 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

3 PAY STREET Sold Prices

Land registry data shows four sales for 3 PAY STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 3 PAY STREET 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
2015 4 DEC	£392,500	£348,158	13% above HPI
2007 4 DEC	£363,000	£314,174	16% above HPI
2000 18 JUL	£135,000	£132,937	2% above HPI
1996 3 APR	£95,500	£84,793	13% above HPI

3 PAY STREET 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 four 3 PAY STREET sales between April 1996 and December 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 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 PAY STREET?

3 PAY STREET is 152m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses in Densole, based on EPC data. The below chart shows the distribution of detached houses by size in Densole, and where 3 PAY STREET lies on this distribution: 78% of detached houses are smaller than 3 PAY STREET, and 21% of houses are larger. Note that EPC data is not available for all properties in Densole.

3 PAY STREET: Plot and Title Map

3 PAY STREET sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 3 PAY STREET, 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 3 PAY STREET). 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 3 PAY STREET?

3 PAY STREET is located in DENSOLE, in the CT18 postcode district. The below map shows the position of No. 3 on PAY STREET.