56, SOUTH ROAD, FAVERSHAM, ME13 7LY - £200,000

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

56 SOUTH ROAD is a very small extended detached house of 51m², built sometime before 1900. It was last sold for £200,000 in December 2015, which was around 39% below the average December 2015 detached price in the Swale local authority area. The most recent EPC inspection was April 2014, where the current energy rating was F, and the potential energy rating was C.

56 SOUTH ROAD Sold Prices

Land registry data shows two sales for 56 SOUTH 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 56 SOUTH ROAD 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
2015 11 DEC	£200,000	£325,752	39% below HPI
2002 24 OCT	£81,020	£191,698	58% below HPI

56 SOUTH 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 56 SOUTH ROAD sales from October 2002 and December 2015 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 2002 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the December 2015 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 56 SOUTH ROAD?

56 SOUTH ROAD is 51m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 56 SOUTH ROAD lies on this distribution: 1% of detached houses are smaller than 56 SOUTH ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Faversham.

56 SOUTH ROAD: Plot and Title Map

56 SOUTH ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 56 SOUTH 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 56 SOUTH 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 56 SOUTH ROAD?

56 SOUTH ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 56 on SOUTH ROAD.