1, LUTON ROAD, FAVERSHAM, ME13 8HQ - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LUTON ROAD is a very large detached house of 153m², built sometime before 1900. It was last sold for £300,000 in April 2014, which was around 9% above the average April 2014 detached price in the Swale local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

1 LUTON ROAD Sold Prices

Land registry data shows two sales for 1 LUTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. One of the two 1 LUTON ROAD sales was for above the average price, whilst the other was 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
2014 24 APR	£300,000	£275,698	9% above HPI
1997 29 JUL	£83,000	£92,776	11% below HPI

1 LUTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 1 LUTON ROAD sales from July 1997 and April 2014 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 July 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2014 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 1 LUTON ROAD?

1 LUTON ROAD is 153m² according to the EPC inspection conducted in August 2011. This puts it in the largest 20% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 1 LUTON ROAD lies on this distribution: 85% of detached houses are smaller than 1 LUTON ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Faversham.

1 LUTON ROAD: Plot and Title Map

1 LUTON ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 1 LUTON ROAD, 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 1 LUTON ROAD). 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 1 LUTON ROAD?

1 LUTON ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 1 on LUTON ROAD.