7, LOWER CORNICHE, HYTHE, CT21 5TP - £245,000

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.

7 LOWER CORNICHE is a midsized flat of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £258,376. It was last sold for £245,000 in April 2021, which was around 51% above the average April 2021 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 C.

7 LOWER CORNICHE Sold Prices

Land registry data shows three sales for 7 LOWER CORNICHE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 7 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
2021 1 APR	£245,000	£162,322	51% above HPI
2014 31 OCT	£186,000	£113,626	64% above HPI
2005 8 JUL	£168,526	£110,511	52% above HPI

What might 7 LOWER CORNICHE be worth now?

7 LOWER CORNICHE might now be worth an estimated £258,376.

This is based on house price inflation of 5.5%, between April 2021 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 5.5% inflationary increase is applied to the most recent sale price for 7 LOWER CORNICHE of £245,000 on 1st April 2021. For the value to have increased from £245,000 to £258,376 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 LOWER CORNICHE has moved in line with the HPI for flats in the Folkestone and Hythe local authority area.
• The April 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LOWER CORNICHE has not materially changed since April 2021.

How Large is 7 LOWER CORNICHE?

7 LOWER CORNICHE is 67m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of flats in Folkestone, based on EPC data. 51% of flats are smaller than 7 LOWER CORNICHE, and 47% of flats are larger. Note that EPC data is not available for all properties in Folkestone.

7 LOWER CORNICHE: Plot

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

Where is 7 LOWER CORNICHE?

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