8, THE CORNICHE, SANDGATE, FOLKESTONE, CT20 3TA - £612,500

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 THE CORNICHE is a small detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £707,541. It was last sold for £612,500 in March 2021, which was around 33% above the average March 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

8 THE CORNICHE Sold Prices

Land registry data shows two sales for 8 THE CORNICHE 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 8 THE CORNICHE 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
2021 16 MAR	£612,500	£462,253	33% above HPI
2010 24 AUG	£470,000	£298,326	58% above HPI

8 THE CORNICHE 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 8 THE CORNICHE sales from August 2010 and March 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 August 2010 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the March 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 8 THE CORNICHE be worth now?

8 THE CORNICHE might now be worth an estimated £707,541.

This is based on house price inflation of 15.5%, between March 2021 and April 2026, 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 15.5% inflationary increase is applied to the most recent sale price for 8 THE CORNICHE of £612,500 on 16th March 2021. For the value to have increased from £612,500 to £707,541 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 8 THE CORNICHE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The March 2021 sale price of £612,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CORNICHE has not materially changed since March 2021.

How Large is 8 THE CORNICHE?

8 THE CORNICHE is 94m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkestone, and where 8 THE CORNICHE lies on this distribution: 25% of detached houses houses are smaller than 8 THE CORNICHE, and 75% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

8 THE CORNICHE: Plot and Title Map

8 THE CORNICHE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 THE CORNICHE, 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 THE CORNICHE). 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 THE CORNICHE?

8 THE CORNICHE is located in SANDGATE, in the CT20 postcode district. The below map shows the position of No. 8 on THE CORNICHE.