DARRACOTT, TEDDARS LEAS ROAD, ETCHINGHILL, FOLKESTONE, CT18 8DA - £450,000

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.

DARRACOTT is a midsized detached house of 121m², built sometime between 1991 and 1995, which could now be worth an estimated £542,208. It was last sold for £450,000 in January 2019, which was around 2% above the average January 2019 detached 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 C.

DARRACOTT Sold Prices

Land registry data shows two sales for DARRACOTT 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 DARRACOTT 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
2019 18 JAN	£450,000	£443,171	2% above HPI
1997 8 AUG	£102,500	£96,358	6% above HPI

DARRACOTT 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 DARRACOTT sales from August 1997 and January 2019 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 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might DARRACOTT be worth now?

DARRACOTT might now be worth an estimated £542,208.

This is based on house price inflation of 20.5%, between January 2019 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 20.5% inflationary increase is applied to the most recent sale price for DARRACOTT of £450,000 on 18th January 2019. For the value to have increased from £450,000 to £542,208 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of DARRACOTT has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The January 2019 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of DARRACOTT has not materially changed since January 2019.

How Large is DARRACOTT?

DARRACOTT is 121m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Etchinghill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Etchinghill, and where DARRACOTT lies on this distribution: 53% of detached houses houses are smaller than DARRACOTT, and 47% of houses are larger. Note that EPC data is not available for all properties in Etchinghill.

DARRACOTT: Plot and Title Map

DARRACOTT sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of DARRACOTT, 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 DARRACOTT). 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 DARRACOTT?

DARRACOTT is located on TEDDARS LEAS ROAD in ETCHINGHILL, in the CT18 postcode district. The below map shows the position of DARRACOTT on TEDDARS LEAS ROAD.