12, WATERSIDE CLOSE, FAVERSHAM, ME13 7AU - £499,167

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.

12 WATERSIDE CLOSE is a large terraced house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £598,895. It was last sold for £499,167 in April 2019, which was around 141% above the average April 2019 terraced price in the Swale local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

12 WATERSIDE CLOSE Sold Prices

Land registry data shows three sales for 12 WATERSIDE CLOSE 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 12 WATERSIDE CLOSE 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
2019 3 APR	£499,167	£207,144	141% above HPI
2009 9 JUN	£300,000	£125,848	138% above HPI
2002 5 JUL	£250,000	£86,006	191% above HPI

12 WATERSIDE CLOSE 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 12 WATERSIDE CLOSE sales between July 2002 and April 2019 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 2009 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the April 2019 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might 12 WATERSIDE CLOSE be worth now?

12 WATERSIDE CLOSE might now be worth an estimated £598,895.

This is based on house price inflation of 20%, between April 2019 and July 2025, 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 20% inflationary increase is applied to the most recent sale price for 12 WATERSIDE CLOSE of £499,167 on 3rd April 2019. For the value to have increased from £499,167 to £598,895 over the five years and nine months to July 2025, the following assumptions must hold true:

• The value of 12 WATERSIDE CLOSE has moved in line with the HPI for terraced houses in the Swale local authority area.
• The April 2019 sale price of £499,167 represented a fair market value for the property.
• The size, condition, and specification of 12 WATERSIDE CLOSE has not materially changed since April 2019.

How Large is 12 WATERSIDE CLOSE?

12 WATERSIDE CLOSE is 147m² according to the EPC inspection conducted in August 2018. This puts it in the largest 20% 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 12 WATERSIDE CLOSE lies on this distribution: 80% of terraced houses houses are smaller than 12 WATERSIDE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Faversham.

12 WATERSIDE CLOSE: Plot and Title Map

12 WATERSIDE CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 12 WATERSIDE CLOSE, 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 12 WATERSIDE CLOSE). 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 12 WATERSIDE CLOSE?

12 WATERSIDE CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 12 on WATERSIDE CLOSE.