25, THE KNOLE, FAVERSHAM, ME13 7QG - £295,000

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

25 THE KNOLE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £295,000 in May 2024, which was around 37% below the average May 2024 detached price in the Swale local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

25 THE KNOLE Sold Prices

Land registry data shows four sales for 25 THE KNOLE 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 25 THE KNOLE 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 17 MAY	£295,000	£468,526	37% below HPI
2009 23 JUL	£191,500	£232,910	18% below HPI
2006 15 DEC	£195,500	£255,151	23% below HPI
1996 20 SEP	£75,000	£85,574	12% below HPI

25 THE KNOLE 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 25 THE KNOLE sales between September 1996 and May 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 July 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 25 THE KNOLE?

25 THE KNOLE is 74m² according to the EPC inspection conducted in September 2023. 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 25 THE KNOLE lies on this distribution: 5% of detached houses are smaller than 25 THE KNOLE, and 94% of houses are larger. Note that EPC data is not available for all properties in Faversham.

25 THE KNOLE: Plot and Title Map

25 THE KNOLE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 25 THE KNOLE, 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 25 THE KNOLE). 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 25 THE KNOLE?

25 THE KNOLE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 25 on THE KNOLE.