151, LOWER ROAD, FAVERSHAM, ME13 7NE - £266,000

151 LOWER ROAD is a very small extended detached house of 85m², built sometime between 2003 and 2006. It was last sold for £266,000 in February 2020, which was around 32% below the average February 2020 detached price in the Swale local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

151 LOWER ROAD Sold Prices

Land registry data shows three sales for 151 LOWER ROAD 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 151 LOWER ROAD sales were for below 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
2020 24 FEB	£266,000	£390,960	32% below HPI
2006 2 JUN	£153,500	£244,666	37% below HPI
2003 27 JUN	£130,000	£216,723	40% below HPI

151 LOWER ROAD 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 151 LOWER ROAD sales between June 2003 and February 2020 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 June 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 151 LOWER ROAD?

151 LOWER ROAD is 85m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 151 LOWER ROAD lies on this distribution: 12% of detached houses are smaller than 151 LOWER ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Faversham.

151 LOWER ROAD: Plot and Title Map

151 LOWER ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 151 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 151 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.

Where is 151 LOWER ROAD?

151 LOWER ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 151 on LOWER ROAD.