1, PRESTON AVENUE, FAVERSHAM, ME13 8NH - £575,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PRESTON AVENUE is a large detached house of 143m², built sometime between 1983 and 1990. It was last sold for £575,000 in March 2021, which was around 39% above the average March 2021 detached price in the Swale local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

1 PRESTON AVENUE Sold Prices

Land registry data shows two sales for 1 PRESTON AVENUE 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. Both of the two 1 PRESTON AVENUE 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 MAR	£575,000	£414,287	39% above HPI
1996 28 NOV	£115,000	£85,242	35% above HPI

1 PRESTON AVENUE 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 PRESTON AVENUE sales from November 1996 and March 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 November 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 1 PRESTON AVENUE?

1 PRESTON AVENUE is 143m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 PRESTON AVENUE lies on this distribution: 73% of detached houses are smaller than 1 PRESTON AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Faversham.

1 PRESTON AVENUE: Plot and Title Map

1 PRESTON AVENUE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 1 PRESTON AVENUE, 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 PRESTON AVENUE). 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 PRESTON AVENUE?

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