175, LOWER ROAD, FAVERSHAM, ME13 7NE - £253,500

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

175 LOWER ROAD is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £253,500 in March 2016, which was around 25% below the average March 2016 detached price in the Swale local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

175 LOWER ROAD Sold Prices

Land registry data shows four sales for 175 LOWER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 175 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
2016 22 MAR	£253,500	£338,657	25% below HPI
2007 30 JUL	£188,500	£268,695	30% below HPI
2005 2 AUG	£186,000	£246,114	24% below HPI
2003 27 MAR	£167,950	£207,137	19% below HPI

175 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 four 175 LOWER ROAD sales between March 2003 and March 2016 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 July 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 175 LOWER ROAD?

175 LOWER ROAD is 99m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 175 LOWER ROAD lies on this distribution: 34% of detached houses are smaller than 175 LOWER ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Faversham.

175 LOWER ROAD: Plot and Title Map

175 LOWER ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 175 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 175 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 175 LOWER ROAD?

175 LOWER ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 175 on LOWER ROAD.