1, VINE COTTAGES, FAVERSHAM, ME13 7JA - £120,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 VINE COTTAGES is a very small extended semi-detached house of 50m², built sometime before 1900. It was last sold for £120,000 in October 2011, which was around 51% below the average October 2011 detached price in the Swale local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

1 VINE COTTAGES Sold Prices

Land registry data shows two sales for 1 VINE COTTAGES 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 1 VINE COTTAGES 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
2011 3 OCT	£120,000	£245,808	51% below HPI
2002 17 MAY	£84,500	£169,265	50% below HPI

1 VINE COTTAGES 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 1 VINE COTTAGES sales from May 2002 and October 2011 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 May 2002 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2011 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 1 VINE COTTAGES?

1 VINE COTTAGES is 50m², which includes three extensions, according to the EPC inspection conducted in October 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 1 VINE COTTAGES lies on this distribution: Less than 1% of detached houses are smaller than 1 VINE COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Faversham.

1 VINE COTTAGES: Plot and Title Map

1 VINE COTTAGES sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 1 VINE COTTAGES, 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 1 VINE COTTAGES). 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 1 VINE COTTAGES?

1 VINE COTTAGES is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 1 on VINE COTTAGES.