22, THE LARCHES, FAVERSHAM, ME13 7SQ - £235,000

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

22 THE LARCHES is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £235,000 in August 2014, which was around 19% below the average August 2014 detached price in the Swale local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

22 THE LARCHES Sold Prices

Land registry data shows two sales for 22 THE LARCHES 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 22 THE LARCHES sales were for below 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
2014 22 AUG	£235,000	£290,675	19% below HPI
2002 14 NOV	£185,000	£194,851	5% below HPI

22 THE LARCHES 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 22 THE LARCHES sales from November 2002 and August 2014 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 November 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 22 THE LARCHES?

22 THE LARCHES is 108m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 22 THE LARCHES lies on this distribution: 43% of detached houses are smaller than 22 THE LARCHES, and 57% of houses are larger. Note that EPC data is not available for all properties in Faversham.

22 THE LARCHES: Plot and Title Map

22 THE LARCHES sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 22 THE LARCHES, 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 22 THE LARCHES). 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 22 THE LARCHES?

22 THE LARCHES is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 22 on THE LARCHES.