33, WELLS WAY, FAVERSHAM, ME13 7QU - £160,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

33 WELLS WAY is a very small semi-detached house of 45m², built sometime between 1967 and 1975. It was last sold for £160,000 in December 2012, which was around 36% below the average December 2012 detached price in the Swale local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

33 WELLS WAY Sold Prices

Land registry data shows three sales for 33 WELLS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the three 33 WELLS WAY 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
2012 14 DEC	£160,000	£249,839	36% below HPI
2003 25 FEB	£134,995	£201,953	33% below HPI
2001 2 MAY	£90,000	£143,783	37% below HPI

33 WELLS WAY 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 three 33 WELLS WAY sales between May 2001 and December 2012 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 February 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 33 WELLS WAY?

33 WELLS WAY is 45m² according to the EPC inspection conducted in October 2012. 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 33 WELLS WAY lies on this distribution: Less than 1% of detached houses are smaller than 33 WELLS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Faversham.

33 WELLS WAY: Plot and Title Map

33 WELLS WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 33 WELLS WAY, 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 33 WELLS WAY). 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 33 WELLS WAY?

33 WELLS WAY is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 33 on WELLS WAY.