5, ARGUS WAY, HYTHE, CT21 4AZ - £417,000

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.

5 ARGUS WAY is a midsized detached house of 130m², which could now be worth an estimated £466,744. It was last sold for £417,000 in May 2021, which was around 11% below the average May 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

5 ARGUS WAY Sold Prices

Land registry data shows two sales for 5 ARGUS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 5 ARGUS WAY 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
2021 28 MAY	£417,000	£468,918	11% below HPI
2018 23 NOV	£409,995	£441,997	7% below HPI

5 ARGUS WAY 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 two 5 ARGUS WAY sales from November 2018 and May 2021 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 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 ARGUS WAY be worth now?

5 ARGUS WAY might now be worth an estimated £466,744.

This is based on house price inflation of 11.9%, between May 2021 and June 2025, for 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 11.9% inflationary increase is applied to the most recent sale price for 5 ARGUS WAY of £417,000 on 28th May 2021. For the value to have increased from £417,000 to £466,744 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 5 ARGUS WAY has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The May 2021 sale price of £417,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ARGUS WAY has not materially changed since May 2021.

How Large is 5 ARGUS WAY?

5 ARGUS WAY is 130m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hythe, and where 5 ARGUS WAY lies on this distribution: 52% of detached houses houses are smaller than 5 ARGUS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Hythe.

5 ARGUS WAY: Plot and Title Map

5 ARGUS WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 5 ARGUS 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 5 ARGUS 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 5 ARGUS WAY?

5 ARGUS WAY is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 5 on ARGUS WAY.