16, PRESTON AVENUE, FAVERSHAM, ME13 8NH - £895,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 PRESTON AVENUE is a very large extended detached house of 195m², built sometime between 1930 and 1949, which could now be worth an estimated £926,621. It was last sold for £895,000 in September 2024, which was around 95% above the average September 2024 detached price in the Swale local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

16 PRESTON AVENUE Sold Prices

Land registry data shows two sales for 16 PRESTON AVENUE 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 16 PRESTON AVENUE 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 SEP	£895,000	£458,272	95% above HPI
2013 22 NOV	£590,000	£264,903	123% above HPI

16 PRESTON AVENUE 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 16 PRESTON AVENUE sales from November 2013 and September 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 November 2013 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the September 2024 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 16 PRESTON AVENUE be worth now?

16 PRESTON AVENUE might now be worth an estimated £926,621.

This is based on house price inflation of 3.5%, between September 2024 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for 16 PRESTON AVENUE of £895,000 on 9th September 2024. For the value to have increased from £895,000 to £926,621 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 16 PRESTON AVENUE has moved in line with the HPI for detached houses in the Swale local authority area.
• The September 2024 sale price of £895,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PRESTON AVENUE has not materially changed since September 2024.

How Large is 16 PRESTON AVENUE?

16 PRESTON AVENUE is 195m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 10% of detached houses houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Faversham, and where 16 PRESTON AVENUE lies on this distribution: 96% of detached houses houses are smaller than 16 PRESTON AVENUE, and 4% of houses are larger. Note that EPC data is not available for all properties in Faversham.

16 PRESTON AVENUE: Plot and Title Map

16 PRESTON AVENUE sits on a plot of roughly 0.360 of an acre, or 1,458m². The below map shows the location of 16 PRESTON AVENUE, 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 16 PRESTON AVENUE). 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 16 PRESTON AVENUE?

16 PRESTON AVENUE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 16 on PRESTON AVENUE.