3, SMEDLEY ROAD, FAVERSHAM, ME13 8FT - £465,000

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

3 SMEDLEY ROAD is a large detached house of 128m². It was last sold for £465,000 in July 2024, which was around 4% below the average July 2024 detached price in the Swale local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was A.

3 SMEDLEY ROAD Sold Prices

Land registry data shows two sales for 3 SMEDLEY ROAD 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. One of the two 3 SMEDLEY ROAD sales was for below the average price, whilst the other was roughly equal to 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 19 JUL	£465,000	£486,382	4% below HPI
2020 6 NOV	£425,995	£425,471	Close to HPI

3 SMEDLEY ROAD 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 3 SMEDLEY ROAD sales from November 2020 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 November 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 SMEDLEY ROAD?

3 SMEDLEY ROAD is 128m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 3 SMEDLEY ROAD lies on this distribution: 61% of detached houses are smaller than 3 SMEDLEY ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Faversham.

3 SMEDLEY ROAD: Plot and Title Map

3 SMEDLEY ROAD sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 3 SMEDLEY 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 3 SMEDLEY 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.

Where is 3 SMEDLEY ROAD?

3 SMEDLEY ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 3 on SMEDLEY ROAD.