57, WATER LANE, OSPRINGE, FAVERSHAM, ME13 8TU - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

57 WATER LANE is a very small semi-detached house of 90m², built sometime between 1950 and 1966. It was last sold for £300,000 in November 2017, which was around 23% below the average November 2017 detached price in the Swale local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

57 WATER LANE Sold Prices

Land registry data shows three sales for 57 WATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the three 57 WATER LANE 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
2017 6 NOV	£300,000	£392,134	23% below HPI
2013 10 MAY	£195,000	£260,463	25% below HPI
2001 18 MAY	£100,000	£143,783	30% below HPI

57 WATER LANE 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 three 57 WATER LANE sales between May 2001 and November 2017 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 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 57 WATER LANE?

57 WATER LANE is 90m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 57 WATER LANE lies on this distribution: 19% of detached houses are smaller than 57 WATER LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Faversham.

57 WATER LANE: Plot and Title Map

57 WATER LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 57 WATER LANE, 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 57 WATER LANE). 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 57 WATER LANE?

57 WATER LANE is located in OSPRINGE, in the ME13 postcode district. The below map shows the position of No. 57 on WATER LANE.