3, LAKESIDE CLOSE, FAVERSHAM, ME13 7FA - £345,000

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

3 LAKESIDE CLOSE is a midsized detached house of 109m². It was last sold for £345,000 in February 2017, which was around 6% below the average February 2017 detached price in the Swale local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was A.

3 LAKESIDE CLOSE Sold Prices

Land registry data shows two sales for 3 LAKESIDE 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. One of the two 3 LAKESIDE CLOSE 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
2017 24 FEB	£345,000	£367,741	6% below HPI
2015 20 FEB	£364,995	£295,456	24% above HPI

3 LAKESIDE 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 3 LAKESIDE CLOSE sales from February 2015 and February 2017 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 February 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 LAKESIDE CLOSE?

3 LAKESIDE CLOSE is 109m² according to the EPC inspection conducted in February 2015. 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 3 LAKESIDE CLOSE lies on this distribution: 43% of detached houses are smaller than 3 LAKESIDE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Faversham.

3 LAKESIDE CLOSE: Plot and Title Map

3 LAKESIDE CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 3 LAKESIDE 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 3 LAKESIDE 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 3 LAKESIDE CLOSE?

3 LAKESIDE CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 3 on LAKESIDE CLOSE.