7, PRIORY ROAD, FAVERSHAM, ME13 7EJ - £450,000

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

7 PRIORY ROAD is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £450,000 in February 2021, which was around 7% above the average February 2021 detached price in the Swale local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

7 PRIORY ROAD Sold Prices

Land registry data shows two sales for 7 PRIORY 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 7 PRIORY ROAD 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
2021 26 FEB	£450,000	£419,269	7% above HPI
2009 20 OCT	£305,000	£237,261	29% above HPI

7 PRIORY 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 7 PRIORY ROAD sales from October 2009 and February 2021 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 2009 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 7 PRIORY ROAD?

7 PRIORY ROAD is 123m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 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 7 PRIORY ROAD lies on this distribution: 57% of detached houses are smaller than 7 PRIORY ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Faversham.

7 PRIORY ROAD: Plot and Title Map

7 PRIORY ROAD sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 7 PRIORY 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 7 PRIORY 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 7 PRIORY ROAD?

7 PRIORY ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 7 on PRIORY ROAD.