2, WORCESTER CLOSE, FAVERSHAM, ME13 8RT - £465,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WORCESTER CLOSE is a large extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £465,000 in April 2021, which was around 12% above the average April 2021 detached price in the Swale local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

2 WORCESTER CLOSE Sold Prices

Land registry data shows three sales for 2 WORCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the three 2 WORCESTER 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 6 APR	£465,000	£416,861	12% above HPI
1999 12 MAR	£110,000	£105,257	5% above HPI
1998 9 JAN	£110,000	£98,868	11% above HPI

2 WORCESTER 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 three 2 WORCESTER CLOSE sales between January 1998 and April 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 March 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 WORCESTER CLOSE?

2 WORCESTER CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in June 2020. 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 2 WORCESTER CLOSE lies on this distribution: 67% of detached houses are smaller than 2 WORCESTER CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Faversham.

2 WORCESTER CLOSE: Plot and Title Map

2 WORCESTER CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 2 WORCESTER 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 2 WORCESTER 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 2 WORCESTER CLOSE?

2 WORCESTER CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 2 on WORCESTER CLOSE.