THE STUDIO COTTAGE, CANTERBURY ROAD, ETCHINGHILL, FOLKESTONE, CT18 8DE - £325,000

THE STUDIO COTTAGE is a very small extended detached house of 72m², built sometime between 2003 and 2006. It was last sold for £325,000 in February 2021, which was around 29% below the average February 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

THE STUDIO COTTAGE Sold Prices

Land registry data shows four sales for THE STUDIO COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the four THE STUDIO COTTAGE 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
2021 11 FEB	£325,000	£459,305	29% below HPI
2013 5 DEC	£209,000	£290,824	28% below HPI
2006 26 JUN	£215,000	£274,114	22% below HPI
2004 1 APR	£485,000	£243,690	99% above HPI

THE STUDIO COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The four THE STUDIO COTTAGE sales between April 2004 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE STUDIO COTTAGE?

THE STUDIO COTTAGE is 72m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Etchinghill, based on EPC data. The below chart shows the distribution of detached houses by size in Etchinghill, and where THE STUDIO COTTAGE lies on this distribution: 9% of detached houses are smaller than THE STUDIO COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Etchinghill.

THE STUDIO COTTAGE: Plot and Title Map

THE STUDIO COTTAGE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of THE STUDIO COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE STUDIO COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE STUDIO COTTAGE?

THE STUDIO COTTAGE is located on CANTERBURY ROAD in ETCHINGHILL, in the CT18 postcode district. The below map shows the position of THE STUDIO COTTAGE on CANTERBURY ROAD.