31, OSPRINGE ROAD, FAVERSHAM, ME13 7LJ - £490,000

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

31 OSPRINGE ROAD is a midsized detached house of 108m², built sometime between 1900 and 1929. It was last sold for £490,000 in February 2023, which was around 2% above the average February 2023 detached price in the Swale local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

31 OSPRINGE ROAD Sold Prices

Land registry data shows four sales for 31 OSPRINGE ROAD 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. Most of the four 31 OSPRINGE ROAD 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
2023 2 FEB	£490,000	£479,165	2% above HPI
2014 31 JUL	£275,000	£284,860	3% below HPI
1999 16 APR	£93,000	£105,718	12% below HPI
1997 24 OCT	£82,000	£99,862	18% below HPI

31 OSPRINGE ROAD 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 31 OSPRINGE ROAD sales between October 1997 and February 2023 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 July 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 31 OSPRINGE ROAD?

31 OSPRINGE ROAD is 108m² according to the EPC inspection conducted in April 2014. 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 31 OSPRINGE ROAD lies on this distribution: 43% of detached houses are smaller than 31 OSPRINGE ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Faversham.

31 OSPRINGE ROAD: Plot and Title Map

31 OSPRINGE ROAD sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 31 OSPRINGE ROAD, 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 31 OSPRINGE ROAD). 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 31 OSPRINGE ROAD?

31 OSPRINGE ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 31 on OSPRINGE ROAD.