2, WELSON ROAD, FOLKESTONE, CT20 2NW - £540,000

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.

2 WELSON ROAD is a large extended detached house of 182m², built sometime between 1900 and 1929, which could now be worth an estimated £689,596. It was last sold for £540,000 in May 2018, which was around 28% above the average May 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

2 WELSON ROAD Sold Prices

Land registry data shows one sale for 2 WELSON ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 29 MAY	£540,000	£423,449	28% above HPI

What might 2 WELSON ROAD be worth now?

2 WELSON ROAD might now be worth an estimated £689,596.

This is based on house price inflation of 27.7%, between May 2018 and May 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 27.7% inflationary increase is applied to the most recent sale price for 2 WELSON ROAD of £540,000 on 29th May 2018. For the value to have increased from £540,000 to £689,596 over the eight years to May 2026, the following assumptions must hold true:

• The value of 2 WELSON ROAD has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The May 2018 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELSON ROAD has not materially changed since May 2018.

How Large is 2 WELSON ROAD?

2 WELSON ROAD is 182m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 30% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 2 WELSON ROAD lies on this distribution: 73% of detached houses are smaller than 2 WELSON ROAD, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Folkestone.

2 WELSON ROAD: Plot

2 WELSON ROAD sits on a plot of roughly 0.190 of an acre, or 770m².

Where is 2 WELSON ROAD?

2 WELSON ROAD is located in FOLKESTONE, in the CT20 postcode district.