8, PRESTON GROVE, FAVERSHAM, ME13 8JY - £390,000

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

8 PRESTON GROVE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £390,000 in July 2011, which was around 55% above the average July 2011 detached price in the Swale local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

8 PRESTON GROVE Sold Prices

Land registry data shows two sales for 8 PRESTON GROVE 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 8 PRESTON GROVE 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 1 JUL	£390,000	£251,005	55% above HPI
2007 10 JUL	£379,100	£268,695	41% above HPI

8 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 two 8 PRESTON GROVE sales from July 2007 and July 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 July 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2011 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 8 PRESTON GROVE?

8 PRESTON GROVE is 77m² according to the EPC inspection conducted in January 2011. 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 8 PRESTON GROVE lies on this distribution: 8% of detached houses are smaller than 8 PRESTON GROVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Faversham.

8 PRESTON GROVE: Plot and Title Map

8 PRESTON GROVE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 8 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 8 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 8 PRESTON GROVE?

8 PRESTON GROVE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 8 on PRESTON GROVE.