8, ORCHARD COTTAGES, LOVE LANE, FAVERSHAM, ME13 8YJ - £380,000

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

8 ORCHARD COTTAGES is a midsized detached house of 108m², built sometime between 2003 and 2006. It was last sold for £380,000 in August 2017, which was about the average August 2017 detached price in the Swale local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

8 ORCHARD COTTAGES Sold Prices

Land registry data shows two sales for 8 ORCHARD COTTAGES 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. One of the two 8 ORCHARD COTTAGES sales was roughly equal to the average price, whilst the other was 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
2017 11 AUG	£380,000	£380,054	Close to HPI
2007 8 FEB	£285,000	£259,589	10% above HPI

8 ORCHARD COTTAGES 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 8 ORCHARD COTTAGES sales from February 2007 and August 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 February 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 ORCHARD COTTAGES?

8 ORCHARD COTTAGES is 108m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 8 ORCHARD COTTAGES lies on this distribution: 43% of detached houses are smaller than 8 ORCHARD COTTAGES, and 57% of houses are larger. Note that EPC data is not available for all properties in Faversham.

8 ORCHARD COTTAGES: Plot and Title Map

8 ORCHARD COTTAGES sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 8 ORCHARD COTTAGES, 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 8 ORCHARD COTTAGES). 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 8 ORCHARD COTTAGES?

8 ORCHARD COTTAGES is located on LOVE LANE in FAVERSHAM, in the ME13 postcode district. The below map shows the position of 8 ORCHARD COTTAGES on LOVE LANE.