40, MIDDLEMEAD, FOLKESTONE, CT19 5UB - £295,000

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.

40 MIDDLEMEAD is a very small semi-detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £292,990. It was last sold for £295,000 in August 2023, which was around 14% below the average August 2023 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

40 MIDDLEMEAD Sold Prices

Land registry data shows two sales for 40 MIDDLEMEAD 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 40 MIDDLEMEAD 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 4 AUG	£295,000	£344,783	14% below HPI
2000 28 APR	£72,000	£77,952	8% below HPI

40 MIDDLEMEAD 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 40 MIDDLEMEAD sales from April 2000 and August 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 April 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 40 MIDDLEMEAD be worth now?

40 MIDDLEMEAD might now be worth an estimated £292,990.

This is based on house price deflation of 0.7%, between August 2023 and April 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 0.7% deflationary decrease is applied to the most recent sale price for 40 MIDDLEMEAD of £295,000 on 4th August 2023. For the value to have decreased from £295,000 to £292,990 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 40 MIDDLEMEAD has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The August 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MIDDLEMEAD has not materially changed since August 2023.

How Large is 40 MIDDLEMEAD?

40 MIDDLEMEAD is 60m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% 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 40 MIDDLEMEAD lies on this distribution: 2% of semi-detached houses houses are smaller than 40 MIDDLEMEAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

40 MIDDLEMEAD: Plot and Title Map

40 MIDDLEMEAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 40 MIDDLEMEAD, 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 40 MIDDLEMEAD). 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 40 MIDDLEMEAD?

40 MIDDLEMEAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 40 on MIDDLEMEAD.