6, SMEDLEY ROAD, FAVERSHAM, ME13 8FX - £137,500

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.

6 SMEDLEY ROAD is a very small terraced house of 74m², built in 2019, which could now be worth an estimated £168,519. It was last sold for £137,500 in February 2020, which was around 33% below the average February 2020 terraced price in the Swale local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

6 SMEDLEY ROAD Sold Prices

Land registry data shows two sales for 6 SMEDLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Swale local authority area for the corresponding sale date. One of the two 6 SMEDLEY ROAD sales was for below the average price, whilst the other was 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
2020 21 FEB	£137,500	£204,783	33% below HPI
2019 15 MAR	£595,000	£207,806	186% above HPI

6 SMEDLEY 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 two 6 SMEDLEY ROAD sales from March 2019 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 March 2019 sale was for 186% above the HPI. So the extrapolation line tracks at 186% above the HPI over time, until the February 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 6 SMEDLEY ROAD be worth now?

6 SMEDLEY ROAD might now be worth an estimated £168,519.

This is based on house price inflation of 22.6%, between February 2020 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 22.6% inflationary increase is applied to the most recent sale price for 6 SMEDLEY ROAD of £137,500 on 21st February 2020. For the value to have increased from £137,500 to £168,519 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 6 SMEDLEY ROAD has moved in line with the HPI for terraced houses in the Swale local authority area.
• The February 2020 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 6 SMEDLEY ROAD has not materially changed since February 2020.

How Large is 6 SMEDLEY ROAD?

6 SMEDLEY ROAD is 74m² according to the EPC inspection conducted in November 2019. 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 6 SMEDLEY ROAD lies on this distribution: 5% of terraced houses houses are smaller than 6 SMEDLEY ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Faversham.

6 SMEDLEY ROAD: Plot and Title Map

6 SMEDLEY ROAD sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 6 SMEDLEY 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 6 SMEDLEY 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 6 SMEDLEY ROAD?

6 SMEDLEY ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 6 on SMEDLEY ROAD.