24, LAKESIDE AVENUE, FAVERSHAM, ME13 7FE - £485,000

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

24 LAKESIDE AVENUE is a midsized detached house of 106m². It was last sold for £485,000 in February 2023, which was around 1% above the average February 2023 detached price in the Swale local authority area. The most recent EPC inspection was August 2013, where the current energy rating was B, and the potential energy rating was B.

24 LAKESIDE AVENUE Sold Prices

Land registry data shows two sales for 24 LAKESIDE 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 24 LAKESIDE 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
2023 14 FEB	£485,000	£479,165	1% above HPI
2013 8 OCT	£299,995	£265,213	13% above HPI

24 LAKESIDE 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 24 LAKESIDE AVENUE sales from October 2013 and February 2023 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 October 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 24 LAKESIDE AVENUE?

24 LAKESIDE AVENUE is 106m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 24 LAKESIDE AVENUE lies on this distribution: 41% of detached houses are smaller than 24 LAKESIDE AVENUE, and 57% of houses are larger. Note that EPC data is not available for all properties in Faversham.

24 LAKESIDE AVENUE: Plot and Title Map

24 LAKESIDE AVENUE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 24 LAKESIDE 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 24 LAKESIDE 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 24 LAKESIDE AVENUE?

24 LAKESIDE AVENUE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 24 on LAKESIDE AVENUE.