24, LUTON ROAD, FAVERSHAM, ME13 8HQ - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 LUTON ROAD is a very small extended terraced house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £264,906. It was last sold for £275,000 in September 2022, which was around 7% above the average September 2022 terraced price in the Swale local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

24 LUTON ROAD Sold Prices

Land registry data shows five sales for 24 LUTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Swale local authority area for the corresponding sale date. Most of the five 24 LUTON ROAD 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 1 SEP	£275,000	£257,999	7% above HPI
2015 8 DEC	£184,360	£172,600	7% above HPI
2013 8 OCT	£146,500	£142,349	3% above HPI
2006 14 JUN	£139,995	£135,721	3% above HPI
2006 24 JAN	£110,000	£135,308	19% below HPI

24 LUTON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Swale local authority area over time, sourced from the HPI. The five 24 LUTON ROAD sales between January 2006 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 December 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2022 sale, which was also at 7% above the HPI.

What might 24 LUTON ROAD be worth now?

24 LUTON ROAD might now be worth an estimated £264,906.

This is based on house price deflation of 3.7%, between September 2022 and July 2025, for terraced houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% deflationary decrease is applied to the most recent sale price for 24 LUTON ROAD of £275,000 on 1st September 2022. For the value to have decreased from £275,000 to £264,906 over the three years and two months to July 2025, the following assumptions must hold true:

• The value of 24 LUTON ROAD has moved in line with the HPI for terraced houses in the Swale local authority area.
• The September 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LUTON ROAD has not materially changed since September 2022.

How Large is 24 LUTON ROAD?

24 LUTON ROAD is 73m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of terraced houses houses in Faversham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Faversham, and where 24 LUTON ROAD lies on this distribution: 5% of terraced houses houses are smaller than 24 LUTON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Faversham.

24 LUTON ROAD: Plot and Title Map

24 LUTON ROAD sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 24 LUTON 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 24 LUTON 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 24 LUTON ROAD?

24 LUTON ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 24 on LUTON ROAD.