5, LAUREL CLOSE, FOLKESTONE, CT20 3PP - £166,000

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.

5 LAUREL CLOSE is a detached house, which could now be worth an estimated £353,000. It was last sold for £166,000 in April 2004, which was around 34% below the average April 2004 detached price in the Folkestone and Hythe local authority area.

5 LAUREL CLOSE Sold Prices

Land registry data shows two sales for 5 LAUREL CLOSE 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 5 LAUREL CLOSE 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
2004 19 APR	£166,000	£251,107	34% below HPI
1997 21 NOV	£75,000	£103,303	27% below HPI

What might 5 LAUREL CLOSE be worth now?

5 LAUREL CLOSE might now be worth an estimated £353,000.

This is based on house price inflation of 112.7%, between April 2004 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 112.7% inflationary increase is applied to the most recent sale price for 5 LAUREL CLOSE of £166,000 on 19th April 2004. For the value to have increased from £166,000 to £353,000 over the 22 years to April 2026, the following assumptions must hold true:

• The value of 5 LAUREL CLOSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The April 2004 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAUREL CLOSE has not materially changed since April 2004.

Where is 5 LAUREL CLOSE?

5 LAUREL CLOSE is located in FOLKESTONE, in the CT20 postcode district.