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
88A LOWER ROAD is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £300,000 in July 2015, which was around 3% below the average July 2015 detached price in the Swale local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 88A LOWER ROAD since 1st 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. One of the two 88A LOWER ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2015 16 JUL | £300,000 | £309,659 | 3% below HPI |
2001 27 APR | £167,000 | £141,889 | 18% above HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 88A LOWER ROAD sales from April 2001 and July 2015 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 April 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
88A LOWER ROAD is 103m² according to the EPC inspection conducted in December 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 88A LOWER ROAD lies on this distribution: 39% of detached houses are smaller than 88A LOWER ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Faversham.
88A LOWER ROAD sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 88A 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 88A 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.
88A LOWER ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 88A on LOWER ROAD.