159, LOWER ROAD, FAVERSHAM, ME13 7NE - £257,000

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

159 LOWER ROAD is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £257,000 in June 2020, which was around 37% below the average June 2020 detached price in the Swale local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

159 LOWER ROAD Sold Prices

Land registry data shows five sales for 159 LOWER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the five 159 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
2020 26 JUN	£257,000	£406,957	37% below HPI
2017 24 AUG	£260,000	£380,054	32% below HPI
2011 15 APR	£162,500	£246,105	34% below HPI
2005 21 FEB	£156,000	£241,975	36% below HPI
2003 13 JUN	£129,950	£216,723	40% below HPI

159 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 five 159 LOWER ROAD sales between June 2003 and June 2020 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 August 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 159 LOWER ROAD?

159 LOWER ROAD is 82m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 159 LOWER ROAD lies on this distribution: 11% of detached houses are smaller than 159 LOWER ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Faversham.

159 LOWER ROAD: Plot and Title Map

159 LOWER ROAD sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 159 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 159 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 159 LOWER ROAD?

159 LOWER ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 159 on LOWER ROAD.