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
245 FAVERSHAM ROAD is a very large extended detached house of 176m², built sometime before 1900. It was last sold for £587,500 in July 2024, which was around 6% above the average July 2024 detached price in the Ashford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 245 FAVERSHAM ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. two of the four 245 FAVERSHAM ROAD sales were for above the average price, and four 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 10 JUL | £587,500 | £555,060 | 6% above HPI |
2017 30 JUN | £510,000 | £437,277 | 17% above HPI |
2005 15 FEB | £240,000 | £275,114 | 13% below HPI |
1999 23 JUL | £118,000 | £135,501 | 13% below HPI |
The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The four 245 FAVERSHAM ROAD sales between July 1999 and July 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 June 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
245 FAVERSHAM ROAD is 176m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 245 FAVERSHAM ROAD lies on this distribution: 93% of detached houses are smaller than 245 FAVERSHAM ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Ashford.
245 FAVERSHAM ROAD sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 245 FAVERSHAM 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 245 FAVERSHAM 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.
245 FAVERSHAM ROAD is located in KENNINGTON, in the TN24 postcode district. The below map shows the position of No. 245 on FAVERSHAM ROAD.