9, PRESTON GROVE, FAVERSHAM, ME13 8JZ - £383,000

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

9 PRESTON GROVE is a large extended detached house of 138m², built sometime between 1930 and 1949. It was last sold for £383,000 in January 2011, which was around 51% above the average January 2011 detached price in the Swale local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

9 PRESTON GROVE Sold Prices

Land registry data shows two sales for 9 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 9 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 20 JAN	£383,000	£254,308	51% above HPI
2000 4 DEC	£195,000	£136,472	43% above HPI

9 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 9 PRESTON GROVE sales from December 2000 and January 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 December 2000 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2011 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 9 PRESTON GROVE?

9 PRESTON GROVE is 138m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 9 PRESTON GROVE lies on this distribution: 70% of detached houses are smaller than 9 PRESTON GROVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Faversham.

9 PRESTON GROVE: Plot and Title Map

9 PRESTON GROVE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 9 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 9 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 9 PRESTON GROVE?

9 PRESTON GROVE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 9 on PRESTON GROVE.