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
4 DAN DRIVE is a midsized extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £425,000 in December 2023, which was around 10% below the average December 2023 detached price in the Swale local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 DAN DRIVE since 1st 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 4 DAN DRIVE 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 |
---|---|---|---|
2023 15 DEC | £425,000 | £471,175 | 10% below HPI |
2018 5 OCT | £330,000 | £409,209 | 19% below HPI |
2001 28 FEB | £112,000 | £135,540 | 17% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 4 DAN DRIVE sales between February 2001 and December 2023 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 October 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
4 DAN DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 50% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 4 DAN DRIVE lies on this distribution: 43% of detached houses are smaller than 4 DAN DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Faversham.
4 DAN DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 4 DAN DRIVE, 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 4 DAN DRIVE). 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.
4 DAN DRIVE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 4 on DAN DRIVE.