44, CREMER PLACE, FAVERSHAM, ME13 7SG - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

44 CREMER PLACE is a small detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £460,530. It was last sold for £390,000 in June 2018, which was around 3% below the average June 2018 detached price in the Swale local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

44 CREMER PLACE Sold Prices

Land registry data shows four sales for 44 CREMER PLACE 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 44 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
2018 29 JUN	£390,000	£401,799	3% below HPI
2013 12 JUL	£222,000	£253,840	13% below HPI
2007 5 OCT	£216,000	£273,545	21% below HPI
1999 27 JAN	£117,500	£104,711	12% above HPI

44 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 four 44 CREMER PLACE sales between January 1999 and June 2018 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 44 CREMER PLACE be worth now?

44 CREMER PLACE might now be worth an estimated £460,530.

This is based on house price inflation of 18.1%, between June 2018 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 44 CREMER PLACE of £390,000 on 29th June 2018. For the value to have increased from £390,000 to £460,530 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 44 CREMER PLACE has moved in line with the HPI for detached houses in the Swale local authority area.
• The June 2018 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 44 CREMER PLACE has not materially changed since June 2018.

How Large is 44 CREMER PLACE?

44 CREMER PLACE is 104m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Faversham, and where 44 CREMER PLACE lies on this distribution: 39% of detached houses houses are smaller than 44 CREMER PLACE, and 61% of houses are larger. Note that EPC data is not available for all properties in Faversham.

44 CREMER PLACE: Plot and Title Map

44 CREMER PLACE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 44 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 44 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 44 CREMER PLACE?

44 CREMER PLACE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 44 on CREMER PLACE.