28, LAXTON WAY, FAVERSHAM, ME13 8LJ - £180,000

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.

28 LAXTON WAY is a very small terraced house of 43m², built sometime between 1967 and 1975, which could now be worth an estimated £243,427. It was last sold for £180,000 in November 2016, which was around 3% below the average November 2016 terraced price in the Swale local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

28 LAXTON WAY Sold Prices

Land registry data shows three sales for 28 LAXTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Swale local authority area for the corresponding sale date. All of the three 28 LAXTON WAY 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
2016 3 NOV	£180,000	£185,586	3% below HPI
2005 17 JUN	£105,000	£126,550	17% below HPI
2000 5 OCT	£59,550	£64,773	8% below HPI

28 LAXTON WAY 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 three 28 LAXTON WAY sales between October 2000 and November 2016 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 28 LAXTON WAY be worth now?

28 LAXTON WAY might now be worth an estimated £243,427.

This is based on house price inflation of 35.2%, between November 2016 and May 2026, 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 35.2% inflationary increase is applied to the most recent sale price for 28 LAXTON WAY of £180,000 on 3rd November 2016. For the value to have increased from £180,000 to £243,427 over the ten years and six months to May 2026, the following assumptions must hold true:

• The value of 28 LAXTON WAY has moved in line with the HPI for terraced houses in the Swale local authority area.
• The November 2016 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 28 LAXTON WAY has not materially changed since November 2016.

How Large is 28 LAXTON WAY?

28 LAXTON WAY is 43m² according to the EPC inspection conducted in June 2015. 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 28 LAXTON WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 28 LAXTON WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Faversham.

28 LAXTON WAY: Plot and Title Map

28 LAXTON WAY sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 28 LAXTON WAY, 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 28 LAXTON WAY). 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 28 LAXTON WAY?

28 LAXTON WAY is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 28 on LAXTON WAY.