6, OSPRINGE PLACE, FAVERSHAM, ME13 8TB - £410,000

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

6 OSPRINGE PLACE is a midsized extended detached house of 118m², built sometime before 1900. It was last sold for £410,000 in December 2014, which was around 36% above the average December 2014 detached price in the Swale local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

6 OSPRINGE PLACE Sold Prices

Land registry data shows three sales for 6 OSPRINGE PLACE 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 6 OSPRINGE PLACE 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
2014 10 DEC	£410,000	£300,461	36% above HPI
2007 4 DEC	£389,995	£275,705	41% above HPI
1999 14 MAY	£112,750	£110,502	2% above HPI

6 OSPRINGE 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 three 6 OSPRINGE PLACE sales between May 1999 and December 2014 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 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2014 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 6 OSPRINGE PLACE?

6 OSPRINGE PLACE is 118m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 6 OSPRINGE PLACE lies on this distribution: 51% of detached houses are smaller than 6 OSPRINGE PLACE, and 49% of houses are larger. Note that EPC data is not available for all properties in Faversham.

6 OSPRINGE PLACE: Plot and Title Map

6 OSPRINGE PLACE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 6 OSPRINGE 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 6 OSPRINGE 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 6 OSPRINGE PLACE?

6 OSPRINGE PLACE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 6 on OSPRINGE PLACE.