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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SMEDLEY ROAD is a large detached house of 128m², which could now be worth an estimated £488,197. It was last sold for £465,000 in July 2024, which was around 3% above 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 above 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	£451,919	3% above HPI
2020 6 NOV	£425,995	£423,888	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 rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 3 SMEDLEY ROAD be worth now?

3 SMEDLEY ROAD might now be worth an estimated £488,197.

This is based on house price inflation of 5%, between July 2024 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for 3 SMEDLEY ROAD of £465,000 on 19th July 2024. For the value to have increased from £465,000 to £488,197 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 3 SMEDLEY ROAD has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2024 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SMEDLEY ROAD has not materially changed since July 2024.

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 houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Faversham, and where 3 SMEDLEY ROAD lies on this distribution: 61% of detached houses 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.