18, NELSON STREET, FAVERSHAM, ME13 8LA - £287,000

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

18 NELSON STREET is a very small extended detached house of 53m², built sometime between 1900 and 1929. It was last sold for £287,000 in June 2024, which was around 41% below the average June 2024 detached price in the Swale local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

18 NELSON STREET Sold Prices

Land registry data shows five sales for 18 NELSON STREET 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 18 NELSON STREET 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
2024 28 JUN	£287,000	£487,808	41% below HPI
2021 19 MAR	£228,500	£414,287	45% below HPI
2016 7 OCT	£227,000	£352,287	36% below HPI
2013 13 SEP	£155,000	£259,488	40% below HPI
2011 27 JUL	£116,000	£251,005	54% below HPI

18 NELSON STREET 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 18 NELSON STREET sales between July 2011 and June 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 March 2021 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2024 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 18 NELSON STREET?

18 NELSON STREET is 53m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 18 NELSON STREET lies on this distribution: 1% of detached houses are smaller than 18 NELSON STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Faversham.

18 NELSON STREET: Plot and Title Map

18 NELSON STREET sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 18 NELSON STREET, 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 18 NELSON STREET). 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 18 NELSON STREET?

18 NELSON STREET is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 18 on NELSON STREET.