31, LOWER CORNICHE, HYTHE, CT21 5TP - £235,000

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.

31 LOWER CORNICHE is a small flat of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £269,738. It was last sold for £235,000 in September 2020, which was around 58% above the average September 2020 flat price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

31 LOWER CORNICHE Sold Prices

Land registry data shows two sales for 31 LOWER CORNICHE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 31 LOWER 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
2020 17 SEP	£235,000	£149,138	58% above HPI
2005 26 AUG	£187,950	£109,318	72% above HPI

What might 31 LOWER CORNICHE be worth now?

31 LOWER CORNICHE might now be worth an estimated £269,738.

This is based on house price inflation of 14.8%, between September 2020 and May 2026, for flats, 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 14.8% inflationary increase is applied to the most recent sale price for 31 LOWER CORNICHE of £235,000 on 17th September 2020. For the value to have increased from £235,000 to £269,738 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 31 LOWER CORNICHE has moved in line with the HPI for flats in the Folkestone and Hythe local authority area.
• The September 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LOWER CORNICHE has not materially changed since September 2020.

How Large is 31 LOWER CORNICHE?

31 LOWER CORNICHE is 60m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of flats in Folkestone, based on EPC data. 39% of flats are smaller than 31 LOWER CORNICHE, and 60% of flats are larger. Note that EPC data is not available for all properties in Folkestone.

31 LOWER CORNICHE: Plot

31 LOWER CORNICHE sits on a plot of roughly 3.9 acres, or 15,844m².

Where is 31 LOWER CORNICHE?

31 LOWER CORNICHE is located in HYTHE, in the CT21 postcode district.