11, OSPRINGE PLACE, FAVERSHAM, ME13 8TB - £640,000

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

11 OSPRINGE PLACE is a very large extended detached house of 166m², built sometime between 1976 and 1982. It was last sold for £640,000 in August 2016, which was around 81% above the average August 2016 detached price in the Swale local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

11 OSPRINGE PLACE Sold Prices

Land registry data shows two sales for 11 OSPRINGE PLACE 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 11 OSPRINGE PLACE 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
2016 26 AUG	£640,000	£353,020	81% above HPI
1998 12 MAR	£182,500	£98,736	85% above HPI

11 OSPRINGE PLACE 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 11 OSPRINGE PLACE sales from March 1998 and August 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 March 1998 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the August 2016 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 11 OSPRINGE PLACE?

11 OSPRINGE PLACE is 166m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 11 OSPRINGE PLACE lies on this distribution: 89% of detached houses are smaller than 11 OSPRINGE PLACE, and 11% of houses are larger. Note that EPC data is not available for all properties in Faversham.

11 OSPRINGE PLACE: Plot and Title Map

11 OSPRINGE PLACE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 11 OSPRINGE PLACE, 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 11 OSPRINGE PLACE). 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 11 OSPRINGE PLACE?

11 OSPRINGE PLACE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 11 on OSPRINGE PLACE.