35, WELLS ROAD, FOLKESTONE, CT19 4PW - £297,500

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.

35 WELLS ROAD is a very small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £305,128. It was last sold for £297,500 in May 2023, which was around 12% below the average May 2023 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

35 WELLS ROAD Sold Prices

Land registry data shows two sales for 35 WELLS ROAD 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. Both of the two 35 WELLS ROAD 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
2023 10 MAY	£297,500	£339,567	12% below HPI
1995 8 NOV	£39,000	£49,412	21% below HPI

35 WELLS ROAD 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 35 WELLS ROAD sales from November 1995 and May 2023 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 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 35 WELLS ROAD be worth now?

35 WELLS ROAD might now be worth an estimated £305,128.

This is based on house price inflation of 2.6%, between May 2023 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 2.6% inflationary increase is applied to the most recent sale price for 35 WELLS ROAD of £297,500 on 10th May 2023. For the value to have increased from £297,500 to £305,128 over the three years to May 2026, the following assumptions must hold true:

• The value of 35 WELLS ROAD has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The May 2023 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 35 WELLS ROAD has not materially changed since May 2023.

How Large is 35 WELLS ROAD?

35 WELLS ROAD is 82m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of semi-detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Folkestone, and where 35 WELLS ROAD lies on this distribution: 16% of semi-detached houses houses are smaller than 35 WELLS ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

35 WELLS ROAD: Plot and Title Map

35 WELLS ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 35 WELLS ROAD, 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 35 WELLS ROAD). 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 35 WELLS ROAD?

35 WELLS ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 35 on WELLS ROAD.