60, LOWER ROAD, FAVERSHAM, ME13 7NQ - £316,500

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

60 LOWER ROAD is a very small extended semi-detached house of 85m², built sometime between 1967 and 1975. It was last sold for £316,500 in July 2020, which was around 23% below the average July 2020 detached price in the Swale local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

60 LOWER ROAD Sold Prices

Land registry data shows five sales for 60 LOWER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the five 60 LOWER 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
2020 31 JUL	£316,500	£412,934	23% below HPI
2013 23 MAR	£223,000	£253,507	12% below HPI
2010 6 APR	£200,000	£243,869	18% below HPI
2001 15 MAR	£116,000	£137,348	16% below HPI
1999 1 JUN	£79,950	£113,033	29% below HPI

60 LOWER 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 five 60 LOWER ROAD sales between June 1999 and July 2020 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 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 60 LOWER ROAD?

60 LOWER ROAD is 85m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 60 LOWER ROAD lies on this distribution: 13% of detached houses are smaller than 60 LOWER ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Faversham.

60 LOWER ROAD: Plot and Title Map

60 LOWER ROAD sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 60 LOWER 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 60 LOWER 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 60 LOWER ROAD?

60 LOWER ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 60 on LOWER ROAD.