58, COOLINGE LANE, FOLKESTONE, CT20 3QE - £485,000

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.

58 COOLINGE LANE is a midsized extended terraced house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £499,325. It was last sold for £485,000 in May 2023, which was around 80% above the average May 2023 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

58 COOLINGE LANE Sold Prices

Land registry data shows two sales for 58 COOLINGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 58 COOLINGE LANE 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
2023 12 MAY	£485,000	£268,752	80% above HPI
2015 7 MAY	£300,000	£169,824	77% above HPI

58 COOLINGE LANE 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 two 58 COOLINGE LANE sales from May 2015 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 May 2015 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the May 2023 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 58 COOLINGE LANE be worth now?

58 COOLINGE LANE might now be worth an estimated £499,325.

This is based on house price inflation of 3%, between May 2023 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 3% inflationary increase is applied to the most recent sale price for 58 COOLINGE LANE of £485,000 on 12th May 2023. For the value to have increased from £485,000 to £499,325 over the three years to May 2026, the following assumptions must hold true:

• The value of 58 COOLINGE LANE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The May 2023 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 58 COOLINGE LANE has not materially changed since May 2023.

How Large is 58 COOLINGE LANE?

58 COOLINGE LANE is 128m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% 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 58 COOLINGE LANE lies on this distribution: 46% of terraced houses houses are smaller than 58 COOLINGE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

58 COOLINGE LANE: Plot and Title Map

58 COOLINGE LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 58 COOLINGE LANE, 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 58 COOLINGE LANE). 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 58 COOLINGE LANE?

58 COOLINGE LANE is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 58 on COOLINGE LANE.