81, PRESTON PARK, FAVERSHAM, ME13 8LH - £704,000

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

81 PRESTON PARK is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £704,000 in September 2022, which was around 45% above the average September 2022 detached price in the Swale local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

81 PRESTON PARK Sold Prices

Land registry data shows two sales for 81 PRESTON PARK 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 81 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
2022 22 SEP	£704,000	£484,855	45% above HPI
2015 16 MAR	£420,000	£298,565	41% above HPI

81 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 two 81 PRESTON PARK sales from March 2015 and September 2022 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 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2022 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 81 PRESTON PARK?

81 PRESTON PARK is 127m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 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 81 PRESTON PARK lies on this distribution: 59% of detached houses are smaller than 81 PRESTON PARK, and 39% of houses are larger. Note that EPC data is not available for all properties in Faversham.

81 PRESTON PARK: Plot and Title Map

81 PRESTON PARK sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 81 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 81 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 81 PRESTON PARK?

81 PRESTON PARK is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 81 on PRESTON PARK.