5, PADDOCK CLOSE, FOLKESTONE, CT20 3RF - £390,000

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 PADDOCK CLOSE is a midsized extended detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £462,031. It was last sold for £390,000 in December 2019, which was around 13% below the average December 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

5 PADDOCK CLOSE Sold Prices

Land registry data shows one sale for 5 PADDOCK CLOSE 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
2019 6 DEC	£390,000	£450,732	13% below HPI

What might 5 PADDOCK CLOSE be worth now?

5 PADDOCK CLOSE might now be worth an estimated £462,031.

This is based on house price inflation of 18.5%, between December 2019 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 18.5% inflationary increase is applied to the most recent sale price for 5 PADDOCK CLOSE of £390,000 on 6th December 2019. For the value to have increased from £390,000 to £462,031 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 5 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The December 2019 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PADDOCK CLOSE has not materially changed since December 2019.

How Large is 5 PADDOCK CLOSE?

5 PADDOCK CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 5 PADDOCK CLOSE lies on this distribution: 50% of detached houses are smaller than 5 PADDOCK CLOSE, and 50% of detached houses are larger. Note that EPC data is not available for all properties in Folkestone.

5 PADDOCK CLOSE: Plot

5 PADDOCK CLOSE sits on a plot of roughly 0.064 of an acre, or 257m².

Where is 5 PADDOCK CLOSE?

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