59, LOWER ROAD, FAVERSHAM, ME13 7NG - £275,000

59 LOWER ROAD is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £275,000 in March 2021, which was around 34% below the average March 2021 detached price in the Swale local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

59 LOWER ROAD Sold Prices

Land registry data shows two sales for 59 LOWER ROAD 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 59 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
2021 12 MAR	£275,000	£414,287	34% below HPI
2013 14 MAR	£178,000	£253,507	30% below HPI

59 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 two 59 LOWER ROAD sales from March 2013 and March 2021 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 March 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 59 LOWER ROAD?

59 LOWER ROAD is 80m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 59 LOWER ROAD lies on this distribution: 9% of detached houses are smaller than 59 LOWER ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Faversham.

59 LOWER ROAD: Plot and Title Map

59 LOWER ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 59 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 59 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 59 LOWER ROAD?

59 LOWER ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 59 on LOWER ROAD.