41, PRESTON GROVE, FAVERSHAM, ME13 8JY - £737,500

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.

41 PRESTON GROVE is a very large extended detached house of 193m², built sometime between 1967 and 1975, which could now be worth an estimated £767,834. It was last sold for £737,500 in April 2022, which was around 62% above the average April 2022 detached price in the Swale local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

41 PRESTON GROVE Sold Prices

Land registry data shows two sales for 41 PRESTON GROVE 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 41 PRESTON GROVE 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
2022 26 APR	£737,500	£455,719	62% above HPI
2002 18 APR	£261,500	£163,842	60% above HPI

41 PRESTON GROVE 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 41 PRESTON GROVE sales from April 2002 and April 2022 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 April 2002 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the April 2022 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 41 PRESTON GROVE be worth now?

41 PRESTON GROVE might now be worth an estimated £767,834.

This is based on house price inflation of 4.1%, between April 2022 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 4.1% inflationary increase is applied to the most recent sale price for 41 PRESTON GROVE of £737,500 on 26th April 2022. For the value to have increased from £737,500 to £767,834 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 41 PRESTON GROVE has moved in line with the HPI for detached houses in the Swale local authority area.
• The April 2022 sale price of £737,500 represented a fair market value for the property.
• The size, condition, and specification of 41 PRESTON GROVE has not materially changed since April 2022.

How Large is 41 PRESTON GROVE?

41 PRESTON GROVE is 193m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% 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 41 PRESTON GROVE lies on this distribution: 96% of detached houses houses are smaller than 41 PRESTON GROVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Faversham.

41 PRESTON GROVE: Plot and Title Map

41 PRESTON GROVE sits on a plot of roughly 0.263 of an acre, or 1,064m². The below map shows the location of 41 PRESTON GROVE, 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 41 PRESTON GROVE). 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 41 PRESTON GROVE?

41 PRESTON GROVE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 41 on PRESTON GROVE.