44, PRESTON GROVE, FAVERSHAM, ME13 8JY - £620,000

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.

44 PRESTON GROVE is a very large extended detached house of 168m², built sometime between 1950 and 1966, which could now be worth an estimated £638,397. It was last sold for £620,000 in November 2023, which was around 35% above the average November 2023 detached price in the Swale local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

44 PRESTON GROVE Sold Prices

Land registry data shows three sales for 44 PRESTON GROVE 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. The three 44 PRESTON GROVE sales were a mix of above the average price, and 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
2023 15 NOV	£620,000	£460,790	35% above HPI
2012 7 MAR	£362,500	£244,002	49% above HPI
2006 20 DEC	£255,000	£254,201	Close to HPI

44 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 three 44 PRESTON GROVE sales between December 2006 and November 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 March 2012 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 44 PRESTON GROVE be worth now?

44 PRESTON GROVE might now be worth an estimated £638,397.

This is based on house price inflation of 3%, between November 2023 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 3% inflationary increase is applied to the most recent sale price for 44 PRESTON GROVE of £620,000 on 15th November 2023. For the value to have increased from £620,000 to £638,397 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 44 PRESTON GROVE has moved in line with the HPI for detached houses in the Swale local authority area.
• The November 2023 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 44 PRESTON GROVE has not materially changed since November 2023.

How Large is 44 PRESTON GROVE?

44 PRESTON GROVE is 168m², which includes two extensions, according to the EPC inspection conducted in March 2022. 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 44 PRESTON GROVE lies on this distribution: 90% of detached houses houses are smaller than 44 PRESTON GROVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Faversham.

44 PRESTON GROVE: Plot and Title Map

44 PRESTON GROVE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 44 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 44 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 44 PRESTON GROVE?

44 PRESTON GROVE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 44 on PRESTON GROVE.