10, LAXTON WAY, FAVERSHAM, ME13 8LJ - £525,000

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

10 LAXTON WAY is a midsized extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £525,000 in January 2024, which was around 11% above the average January 2024 detached price in the Swale local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

10 LAXTON WAY Sold Prices

Land registry data shows two sales for 10 LAXTON WAY 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 10 LAXTON WAY 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
2024 9 JAN	£525,000	£474,098	11% above HPI
2001 12 JAN	£165,000	£133,747	23% above HPI

10 LAXTON WAY 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 10 LAXTON WAY sales from January 2001 and January 2024 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 January 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 10 LAXTON WAY?

10 LAXTON WAY is 120m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 10 LAXTON WAY lies on this distribution: 53% of detached houses are smaller than 10 LAXTON WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Faversham.

10 LAXTON WAY: Plot and Title Map

10 LAXTON WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 10 LAXTON WAY, 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 10 LAXTON WAY). 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 10 LAXTON WAY?

10 LAXTON WAY is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 10 on LAXTON WAY.