47, OSPRINGE ROAD, FAVERSHAM, ME13 7LG - £244,000

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

47 OSPRINGE ROAD is a small extended detached house of 101m², built sometime before 1900. It was last sold for £244,000 in March 2004, which was around 8% above the average March 2004 detached price in the Swale local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

47 OSPRINGE ROAD Sold Prices

Land registry data shows two sales for 47 OSPRINGE ROAD 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 47 OSPRINGE ROAD sales were for above 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
2004 31 MAR	£244,000	£225,919	8% above HPI
1999 10 DEC	£160,000	£121,186	32% above HPI

47 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 two 47 OSPRINGE ROAD sales from December 1999 and March 2004 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 December 1999 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2004 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 47 OSPRINGE ROAD?

47 OSPRINGE ROAD is 101m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 47 OSPRINGE ROAD lies on this distribution: 36% of detached houses are smaller than 47 OSPRINGE ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Faversham.

47 OSPRINGE ROAD: Plot and Title Map

47 OSPRINGE ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 47 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 47 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 47 OSPRINGE ROAD?

47 OSPRINGE ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 47 on OSPRINGE ROAD.