8, CROMWELL PARK PLACE, FOLKESTONE, CT20 3SD - £75,000

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.

8 CROMWELL PARK PLACE is a very small terraced house of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £269,341. It was last sold for £75,000 in April 2002, which was about the average April 2002 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

8 CROMWELL PARK PLACE Sold Prices

Land registry data shows two sales for 8 CROMWELL PARK PLACE 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. One of the two 8 CROMWELL PARK PLACE sales was roughly equal to the average price, whilst the other was 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
2002 23 APR	£75,000	£74,750	Close to HPI
1999 21 APR	£47,000	£49,012	4% below HPI

8 CROMWELL PARK PLACE 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 8 CROMWELL PARK PLACE sales from April 1999 and April 2002 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 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2002 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 CROMWELL PARK PLACE be worth now?

8 CROMWELL PARK PLACE might now be worth an estimated £269,341.

This is based on house price inflation of 259.1%, between April 2002 and June 2025, 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 259.1% inflationary increase is applied to the most recent sale price for 8 CROMWELL PARK PLACE of £75,000 on 23rd April 2002. For the value to have increased from £75,000 to £269,341 over the 22 years and ten months to June 2025, the following assumptions must hold true:

• The value of 8 CROMWELL PARK PLACE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The April 2002 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CROMWELL PARK PLACE has not materially changed since April 2002.

How Large is 8 CROMWELL PARK PLACE?

8 CROMWELL PARK PLACE is 46m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% 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 8 CROMWELL PARK PLACE lies on this distribution: 1% of terraced houses houses are smaller than 8 CROMWELL PARK PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

8 CROMWELL PARK PLACE: Plot and Title Map

8 CROMWELL PARK PLACE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 8 CROMWELL PARK PLACE, 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 8 CROMWELL PARK PLACE). 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 8 CROMWELL PARK PLACE?

8 CROMWELL PARK PLACE is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 8 on CROMWELL PARK PLACE.