2, RUSSET AVENUE, FAVERSHAM, ME13 8NP - £400,000

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

2 RUSSET AVENUE is a large extended detached house of 144m², built sometime between 1976 and 1982. It was last sold for £400,000 in July 2014, which was around 40% above the average July 2014 detached price in the Swale local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 RUSSET AVENUE Sold Prices

Land registry data shows two sales for 2 RUSSET 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 2 RUSSET 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
2014 4 JUL	£400,000	£284,860	40% above HPI
1999 11 JAN	£154,000	£105,102	47% above HPI

2 RUSSET 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 2 RUSSET AVENUE sales from January 1999 and July 2014 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 January 1999 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2014 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 2 RUSSET AVENUE?

2 RUSSET AVENUE is 144m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 2 RUSSET AVENUE lies on this distribution: 79% of detached houses are smaller than 2 RUSSET AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Faversham.

2 RUSSET AVENUE: Plot and Title Map

2 RUSSET AVENUE sits on a plot of roughly 0.157 of an acre, or 633m². The below map shows the location of 2 RUSSET 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 2 RUSSET 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 2 RUSSET AVENUE?

2 RUSSET AVENUE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 2 on RUSSET AVENUE.