155, LOWER ROAD, FAVERSHAM, ME13 7NE - £163,000

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

155 LOWER ROAD is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £163,000 in July 2009, which was around 30% below the average July 2009 detached price in the Swale local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

155 LOWER ROAD Sold Prices

Land registry data shows three sales for 155 LOWER ROAD 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. All of the three 155 LOWER ROAD sales were 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
2009 3 JUL	£163,000	£232,910	30% below HPI
2007 5 OCT	£179,000	£274,567	35% below HPI
2003 27 JUN	£129,950	£216,723	40% below HPI

155 LOWER ROAD 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 155 LOWER ROAD sales between June 2003 and July 2009 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 October 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2009 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 155 LOWER ROAD?

155 LOWER ROAD is 80m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 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 155 LOWER ROAD lies on this distribution: 10% of detached houses are smaller than 155 LOWER ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Faversham.

155 LOWER ROAD: Plot and Title Map

155 LOWER ROAD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 155 LOWER ROAD, 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 155 LOWER ROAD). 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 155 LOWER ROAD?

155 LOWER ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 155 on LOWER ROAD.