34, MARTINS WAY, HYTHE, CT21 6QU - £223,000

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.

34 MARTINS WAY is a very small extended terraced house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £267,781. It was last sold for £223,000 in September 2020, which was about the average September 2020 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

34 MARTINS WAY Sold Prices

Land registry data shows four sales for 34 MARTINS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. The four 34 MARTINS WAY sales were a mix of roughly equal to the average price, and 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 18 SEP	£223,000	£223,551	Close to HPI
2017 17 NOV	£220,000	£202,687	9% above HPI
2005 21 DEC	£135,000	£132,182	2% above HPI
2001 19 OCT	£88,000	£68,772	28% above HPI

34 MARTINS WAY 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 four 34 MARTINS WAY sales between October 2001 and September 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 November 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 34 MARTINS WAY be worth now?

34 MARTINS WAY might now be worth an estimated £267,781.

This is based on house price inflation of 20.1%, between September 2020 and June 2025, 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 20.1% inflationary increase is applied to the most recent sale price for 34 MARTINS WAY of £223,000 on 18th September 2020. For the value to have increased from £223,000 to £267,781 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 34 MARTINS WAY has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The September 2020 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 34 MARTINS WAY has not materially changed since September 2020.

How Large is 34 MARTINS WAY?

34 MARTINS WAY is 64m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of terraced houses houses in Hythe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hythe, and where 34 MARTINS WAY lies on this distribution: 3% of terraced houses houses are smaller than 34 MARTINS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Hythe.

34 MARTINS WAY: Plot and Title Map

34 MARTINS WAY sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 34 MARTINS WAY, 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 34 MARTINS WAY). 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 34 MARTINS WAY?

34 MARTINS WAY is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 34 on MARTINS WAY.