GREENACRES, TEDDARS LEAS ROAD, ETCHINGHILL, FOLKESTONE, CT18 8DA - £385,000

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.

GREENACRES is a large extended detached house of 159m², built sometime between 1930 and 1949, which could now be worth an estimated £725,647. It was last sold for £385,000 in April 2011, which was around 36% above the average April 2011 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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. One of the two GREENACRES sales was for above 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
2011 15 APR	£385,000	£283,309	36% above HPI
2007 20 SEP	£310,000	£313,321	1% below HPI

GREENACRES 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 GREENACRES sales from September 2007 and April 2011 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 September 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2011 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £725,647.

This is based on house price inflation of 88.5%, between April 2011 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 88.5% inflationary increase is applied to the most recent sale price for GREENACRES of £385,000 on 15th April 2011. For the value to have increased from £385,000 to £725,647 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The April 2011 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since April 2011.

How Large is GREENACRES?

GREENACRES is 159m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% 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 GREENACRES lies on this distribution: 77% of detached houses houses are smaller than GREENACRES, and 23% of houses are larger. Note that EPC data is not available for all properties in Etchinghill.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.258 of an acre, or 1,043m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

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