11, PRESTON GROVE, FAVERSHAM, ME13 8JZ - £520,000

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

11 PRESTON GROVE is a very large detached house of 191m², built sometime between 1930 and 1949. It was last sold for £520,000 in March 2013, which was around 105% above the average March 2013 detached price in the Swale local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

11 PRESTON GROVE Sold Prices

Land registry data shows three sales for 11 PRESTON GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Two of the three 11 PRESTON GROVE sales were for above the average price, whilst one 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
2013 27 MAR	£520,000	£253,507	105% above HPI
2006 30 MAR	£265,000	£246,997	7% above HPI
1999 31 AUG	£70,000	£114,733	39% below HPI

11 PRESTON GROVE 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 three 11 PRESTON GROVE sales between August 1999 and March 2013 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 March 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2013 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

How Large is 11 PRESTON GROVE?

11 PRESTON GROVE is 191m² according to the EPC inspection conducted in January 2013. This puts it in the largest 10% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 11 PRESTON GROVE lies on this distribution: 95% of detached houses are smaller than 11 PRESTON GROVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Faversham.

11 PRESTON GROVE: Plot and Title Map

11 PRESTON GROVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 11 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 11 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 11 PRESTON GROVE?

11 PRESTON GROVE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 11 on PRESTON GROVE.