14, LAXTON WAY, FAVERSHAM, ME13 8LJ - £343,000

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

14 LAXTON WAY is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £343,000 in June 2019, which was around 13% below the average June 2019 detached price in the Swale local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

14 LAXTON WAY Sold Prices

Land registry data shows two sales for 14 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. One of the two 14 LAXTON WAY sales was for below the average price, whilst the other was roughly equal to 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 10 JUN	£343,000	£394,283	13% below HPI
2016 24 MAR	£339,950	£338,657	Close to HPI

14 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 14 LAXTON WAY sales from March 2016 and June 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 March 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 14 LAXTON WAY?

14 LAXTON WAY is 84m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 14 LAXTON WAY lies on this distribution: 11% of detached houses are smaller than 14 LAXTON WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Faversham.

14 LAXTON WAY: Plot and Title Map

14 LAXTON WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 14 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 14 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 14 LAXTON WAY?

14 LAXTON WAY is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 14 on LAXTON WAY.