HIGH BANK, WESTFIELD LANE, ETCHINGHILL, FOLKESTONE, CT18 8BX - £438,500

HIGH BANK is a large detached house of 150m², built sometime between 1930 and 1949. It was last sold for £438,500 in August 2019, which was around 5% above the average August 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

HIGH BANK Sold Prices

Land registry data shows four sales for HIGH BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the four HIGH BANK sales were 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
2019 30 AUG	£438,500	£418,410	5% above HPI
2007 11 DEC	£250,000	£314,174	20% below HPI
2007 16 MAR	£195,000	£281,213	31% below HPI
1995 17 MAY	£59,000	£78,617	25% below HPI

HIGH BANK 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 four HIGH BANK sales between May 1995 and August 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 December 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is HIGH BANK?

HIGH BANK is 150m² according to the EPC inspection conducted in March 2019. This puts it in the largest 30% of detached houses in Etchinghill, based on EPC data. The below chart shows the distribution of detached houses by size in Etchinghill, and where HIGH BANK lies on this distribution: 74% of detached houses are smaller than HIGH BANK, and 25% of houses are larger. Note that EPC data is not available for all properties in Etchinghill.

HIGH BANK: Plot and Title Map

HIGH BANK sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of HIGH BANK, 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 HIGH BANK). 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 HIGH BANK?

HIGH BANK is located on WESTFIELD LANE in ETCHINGHILL, in the CT18 postcode district. The below map shows the position of HIGH BANK on WESTFIELD LANE.