32, LOWER ROAD, FAVERSHAM, ME13 7NG - £350,000

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

32 LOWER ROAD is a small detached house of 105m², built sometime between 1930 and 1949. It was last sold for £350,000 in July 2014, which was around 23% above the average July 2014 detached price in the Swale local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

32 LOWER ROAD Sold Prices

Land registry data shows two sales for 32 LOWER 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. Both of the two 32 LOWER ROAD 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
2014 17 JUL	£350,000	£284,860	23% above HPI
2011 16 DEC	£275,000	£258,587	6% above HPI

32 LOWER 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 32 LOWER ROAD sales from December 2011 and July 2014 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 December 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2014 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 32 LOWER ROAD?

32 LOWER ROAD is 105m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 32 LOWER ROAD lies on this distribution: 40% of detached houses are smaller than 32 LOWER ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Faversham.

32 LOWER ROAD: Plot and Title Map

32 LOWER ROAD sits on a plot of roughly 0.205 of an acre, or 831m². The below map shows the location of 32 LOWER 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 32 LOWER 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 32 LOWER ROAD?

32 LOWER ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 32 on LOWER ROAD.