1, PRESTON GROVE, FAVERSHAM, ME13 8JZ - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PRESTON GROVE is a very small extended semi-detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £380,162. It was last sold for £320,000 in November 2019, which was around 20% above the average November 2019 semi-detached price in the Swale local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

1 PRESTON GROVE Sold Prices

Land registry data shows two sales for 1 PRESTON GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Swale local authority area for the corresponding sale date. One of the two 1 PRESTON GROVE 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
2019 29 NOV	£320,000	£266,894	20% above HPI
2015 16 JUN	£195,525	£200,774	3% below HPI

1 PRESTON GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swale local authority area over time, sourced from the HPI. The two 1 PRESTON GROVE sales from June 2015 and November 2019 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 June 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 PRESTON GROVE be worth now?

1 PRESTON GROVE might now be worth an estimated £380,162.

This is based on house price inflation of 18.8%, between November 2019 and February 2025, for semi-detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 1 PRESTON GROVE of £320,000 on 29th November 2019. For the value to have increased from £320,000 to £380,162 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 PRESTON GROVE has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The November 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRESTON GROVE has not materially changed since November 2019.

How Large is 1 PRESTON GROVE?

1 PRESTON GROVE is 76m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of semi-detached houses houses in Faversham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Faversham, and where 1 PRESTON GROVE lies on this distribution: 7% of semi-detached houses houses are smaller than 1 PRESTON GROVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Faversham.

1 PRESTON GROVE: Plot and Title Map

1 PRESTON GROVE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 1 PRESTON GROVE, 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 GROVE). 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 GROVE?

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