71, PRESTON PARK, FAVERSHAM, ME13 8LH - £315,000

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

71 PRESTON PARK is a small detached house of 97m², built sometime between 1991 and 1995. It was last sold for £315,000 in November 2011, which was around 25% above the average November 2011 detached price in the Swale local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

71 PRESTON PARK Sold Prices

Land registry data shows three sales for 71 PRESTON PARK 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. All of the three 71 PRESTON PARK 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
2011 14 NOV	£315,000	£251,923	25% above HPI
1998 11 SEP	£113,500	£103,323	10% above HPI
1997 24 OCT	£110,000	£99,862	10% above HPI

71 PRESTON PARK 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 71 PRESTON PARK sales between October 1997 and November 2011 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 September 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2011 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 71 PRESTON PARK?

71 PRESTON PARK is 97m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 71 PRESTON PARK lies on this distribution: 31% of detached houses are smaller than 71 PRESTON PARK, and 69% of houses are larger. Note that EPC data is not available for all properties in Faversham.

71 PRESTON PARK: Plot and Title Map

71 PRESTON PARK sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 71 PRESTON PARK, 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 71 PRESTON PARK). 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 71 PRESTON PARK?

71 PRESTON PARK is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 71 on PRESTON PARK.