42, CREMER PLACE, FAVERSHAM, ME13 7SG - £330,000

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

42 CREMER PLACE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £330,000 in October 2022, which was around 33% below the average October 2022 detached price in the Swale local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

42 CREMER PLACE Sold Prices

Land registry data shows six sales for 42 CREMER PLACE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the six 42 CREMER PLACE 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
2022 27 OCT	£330,000	£493,400	33% below HPI
2019 31 MAY	£270,000	£397,086	32% below HPI
2004 26 MAR	£155,000	£225,919	31% below HPI
2000 4 DEC	£87,000	£136,472	36% below HPI
1999 15 OCT	£79,500	£115,473	31% below HPI
1995 24 NOV	£62,250	£79,272	21% below HPI

42 CREMER PLACE 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 six 42 CREMER PLACE sales between November 1995 and October 2022 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 May 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 42 CREMER PLACE?

42 CREMER PLACE is 77m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 42 CREMER PLACE lies on this distribution: 8% of detached houses are smaller than 42 CREMER PLACE, and 92% of houses are larger. Note that EPC data is not available for all properties in Faversham.

42 CREMER PLACE: Plot and Title Map

42 CREMER PLACE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 42 CREMER PLACE, 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 42 CREMER PLACE). 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 42 CREMER PLACE?

42 CREMER PLACE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 42 on CREMER PLACE.