31, GRAY CLOSE, HAWKINGE, FOLKESTONE, CT18 7PD - £153,250

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.

31 GRAY CLOSE is a very small terraced house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £284,701. It was last sold for £153,250 in June 2013, which was around 5% above the average June 2013 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

31 GRAY CLOSE Sold Prices

Land registry data shows two sales for 31 GRAY 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 31 GRAY 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
2013 6 JUN	£153,250	£146,578	5% above HPI
2006 5 MAY	£145,000	£143,932	1% above HPI

31 GRAY 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 31 GRAY CLOSE sales from May 2006 and June 2013 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 May 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2013 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 31 GRAY CLOSE be worth now?

31 GRAY CLOSE might now be worth an estimated £284,701.

This is based on house price inflation of 85.8%, between June 2013 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 85.8% inflationary increase is applied to the most recent sale price for 31 GRAY CLOSE of £153,250 on 6th June 2013. For the value to have increased from £153,250 to £284,701 over the thirteen years and two months to April 2026, the following assumptions must hold true:

• The value of 31 GRAY CLOSE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The June 2013 sale price of £153,250 represented a fair market value for the property.
• The size, condition, and specification of 31 GRAY CLOSE has not materially changed since June 2013.

How Large is 31 GRAY CLOSE?

31 GRAY CLOSE is 67m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of terraced houses houses in Hawkinge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hawkinge, and where 31 GRAY CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 31 GRAY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

31 GRAY CLOSE: Plot and Title Map

31 GRAY CLOSE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 31 GRAY 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 31 GRAY 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 31 GRAY CLOSE?

31 GRAY CLOSE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 31 on GRAY CLOSE.