43, IVORY CLOSE, FAVERSHAM, ME13 7RS - £255,000

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

43 IVORY CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £255,000 in September 2019, which was around 37% below the average September 2019 detached price in the Swale local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

43 IVORY CLOSE Sold Prices

Land registry data shows two sales for 43 IVORY 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. Both of the two 43 IVORY CLOSE 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
2019 6 SEP	£255,000	£404,741	37% below HPI
2008 13 AUG	£180,000	£268,841	33% below HPI

43 IVORY 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 43 IVORY CLOSE sales from August 2008 and September 2019 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 August 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 43 IVORY CLOSE?

43 IVORY CLOSE is 72m² according to the EPC inspection conducted in October 2014. 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 43 IVORY CLOSE lies on this distribution: 4% of detached houses are smaller than 43 IVORY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Faversham.

43 IVORY CLOSE: Plot and Title Map

43 IVORY CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 43 IVORY 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 43 IVORY 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 43 IVORY CLOSE?

43 IVORY CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 43 on IVORY CLOSE.