18, WATERSIDE CLOSE, FAVERSHAM, ME13 7AU - £685,000

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

18 WATERSIDE CLOSE is a large extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £685,000 in March 2021, which was around 65% above the average March 2021 detached price in the Swale local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

18 WATERSIDE CLOSE Sold Prices

Land registry data shows two sales for 18 WATERSIDE CLOSE 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 18 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
2021 12 MAR	£685,000	£414,287	65% above HPI
2004 16 AUG	£271,011	£236,795	14% above HPI

18 WATERSIDE CLOSE 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 18 WATERSIDE CLOSE sales from August 2004 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 August 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2021 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 18 WATERSIDE CLOSE?

18 WATERSIDE CLOSE is 132m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 18 WATERSIDE CLOSE lies on this distribution: 65% of detached houses are smaller than 18 WATERSIDE CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Faversham.

18 WATERSIDE CLOSE: Plot and Title Map

18 WATERSIDE CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 18 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 18 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 18 WATERSIDE CLOSE?

18 WATERSIDE CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 18 on WATERSIDE CLOSE.