7, OSPRINGE PLACE, FAVERSHAM, ME13 8TB - £495,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 OSPRINGE PLACE is a very large extended detached house of 167m², built sometime between 1976 and 1982. It was last sold for £495,000 in September 2010, which was around 93% above the average September 2010 detached price in the Swale local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

7 OSPRINGE PLACE Sold Prices

Land registry data shows three sales for 7 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 7 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
2010 15 SEP	£495,000	£256,876	93% above HPI
2006 3 MAR	£415,000	£246,997	68% above HPI
1995 15 DEC	£140,000	£82,506	70% above HPI

7 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 7 OSPRINGE PLACE sales between December 1995 and September 2010 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 March 2006 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the September 2010 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is 7 OSPRINGE PLACE?

7 OSPRINGE PLACE is 167m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 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 7 OSPRINGE PLACE lies on this distribution: 90% of detached houses are smaller than 7 OSPRINGE PLACE, and 10% of houses are larger. Note that EPC data is not available for all properties in Faversham.

7 OSPRINGE PLACE: Plot and Title Map

7 OSPRINGE PLACE sits on a plot of roughly 0.465 of an acre, or 1,884m². The below map shows the location of 7 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 7 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 7 OSPRINGE PLACE?

7 OSPRINGE PLACE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 7 on OSPRINGE PLACE.