32, OSPRINGE ROAD, FAVERSHAM, ME13 7LJ - £365,000

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

32 OSPRINGE ROAD is a very large detached house of 185m², built sometime before 1900. It was last sold for £365,000 in September 2014, which was around 24% above the average September 2014 detached price in the Swale local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

32 OSPRINGE ROAD Sold Prices

Land registry data shows four sales for 32 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. two of the four 32 OSPRINGE ROAD sales were for above the average price, and four 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 2 SEP	£365,000	£293,779	24% above HPI
2009 12 JUN	£265,000	£228,364	16% above HPI
2004 13 FEB	£225,000	£227,154	1% below HPI
1998 27 NOV	£75,000	£107,900	30% below HPI

32 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 32 OSPRINGE ROAD sales between November 1998 and September 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 June 2009 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 32 OSPRINGE ROAD?

32 OSPRINGE ROAD is 185m² according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 32 OSPRINGE ROAD lies on this distribution: 94% of detached houses are smaller than 32 OSPRINGE ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Faversham.

32 OSPRINGE ROAD: Plot and Title Map

32 OSPRINGE ROAD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 32 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 32 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 32 OSPRINGE ROAD?

32 OSPRINGE ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 32 on OSPRINGE ROAD.