24, THE LARCHES, FAVERSHAM, ME13 7SQ - £220,000

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

24 THE LARCHES is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £220,000 in August 2004, which was around 7% below the average August 2004 detached price in the Swale local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

24 THE LARCHES Sold Prices

Land registry data shows two sales for 24 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. One of the two 24 THE LARCHES sales was for below the average price, whilst the other was 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
2004 27 AUG	£220,000	£236,795	7% below HPI
1998 9 APR	£106,000	£96,352	10% above HPI

24 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 24 THE LARCHES sales from April 1998 and August 2004 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 April 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2004 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 24 THE LARCHES?

24 THE LARCHES is 115m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 24 THE LARCHES lies on this distribution: 46% of detached houses are smaller than 24 THE LARCHES, and 52% of houses are larger. Note that EPC data is not available for all properties in Faversham.

24 THE LARCHES: Plot and Title Map

24 THE LARCHES sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 24 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 24 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 24 THE LARCHES?

24 THE LARCHES is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 24 on THE LARCHES.