5, BUTTERMERE CLOSE, FOLKESTONE, CT19 5JH - £267,000

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 BUTTERMERE CLOSE is a very small extended terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £331,661. It was last sold for £267,000 in January 2020, which was around 20% above the average January 2020 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

5 BUTTERMERE CLOSE Sold Prices

Land registry data shows three sales for 5 BUTTERMERE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 5 BUTTERMERE 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
2020 31 JAN	£267,000	£222,746	20% above HPI
2010 30 JUL	£182,000	£153,031	19% above HPI
2000 16 JUN	£79,950	£59,619	34% above HPI

5 BUTTERMERE 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 three 5 BUTTERMERE CLOSE sales between June 2000 and January 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 July 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 5 BUTTERMERE CLOSE be worth now?

5 BUTTERMERE CLOSE might now be worth an estimated £331,661.

This is based on house price inflation of 24.2%, between January 2020 and May 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 24.2% inflationary increase is applied to the most recent sale price for 5 BUTTERMERE CLOSE of £267,000 on 31st January 2020. For the value to have increased from £267,000 to £331,661 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 BUTTERMERE CLOSE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The January 2020 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BUTTERMERE CLOSE has not materially changed since January 2020.

How Large is 5 BUTTERMERE CLOSE?

5 BUTTERMERE CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of terraced houses houses in Folkestone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Folkestone, and where 5 BUTTERMERE CLOSE lies on this distribution: 19% of terraced houses houses are smaller than 5 BUTTERMERE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

5 BUTTERMERE CLOSE: Plot and Title Map

5 BUTTERMERE CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 5 BUTTERMERE 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 5 BUTTERMERE 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 5 BUTTERMERE CLOSE?

5 BUTTERMERE CLOSE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 5 on BUTTERMERE CLOSE.