2, THATCH COTTAGES, WATER LANE, OSPRINGE, FAVERSHAM, ME13 8TY - £370,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 THATCH COTTAGES is a small semi-detached house of 91m², built sometime before 1900. It was last sold for £370,000 in June 2019, which was around 6% below the average June 2019 detached price in the Swale local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

2 THATCH COTTAGES Sold Prices

Land registry data shows four sales for 2 THATCH COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. One of the four 2 THATCH COTTAGES sales was for below the average price, whilst two 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 14 JUN	£370,000	£394,283	6% below HPI
2004 20 MAY	£249,950	£226,975	10% above HPI
2000 10 MAR	£168,000	£123,256	36% above HPI
1999 8 JAN	£105,000	£105,102	Close to HPI

2 THATCH 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 four 2 THATCH COTTAGES sales between January 1999 and June 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 May 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 THATCH COTTAGES?

2 THATCH COTTAGES is 91m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 2 THATCH COTTAGES lies on this distribution: 20% of detached houses are smaller than 2 THATCH COTTAGES, and 74% of houses are larger. Note that EPC data is not available for all properties in Faversham.

2 THATCH COTTAGES: Plot and Title Map

2 THATCH COTTAGES sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 2 THATCH 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 2 THATCH 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 2 THATCH COTTAGES?

2 THATCH COTTAGES is located on WATER LANE in OSPRINGE, in the ME13 postcode district. The below map shows the position of 2 THATCH COTTAGES on WATER LANE.