CARETAKERS COTTAGE, PRESTON STREET, FAVERSHAM, ME13 8PG - £327,500

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

CARETAKERS COTTAGE is a midsized extended detached house of 113m², built sometime before 1900. It was last sold for £327,500 in April 2017, which was around 13% below the average April 2017 detached price in the Swale local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

CARETAKERS COTTAGE Sold Prices

Land registry data shows two sales for CARETAKERS COTTAGE 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 CARETAKERS COTTAGE 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 18 APR	£327,500	£377,365	13% below HPI
2012 17 OCT	£116,500	£250,361	53% below HPI

CARETAKERS COTTAGE 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 CARETAKERS COTTAGE sales from October 2012 and April 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 October 2012 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is CARETAKERS COTTAGE?

CARETAKERS COTTAGE is 113m², which includes two extensions, according to the EPC inspection conducted in June 2016. 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 CARETAKERS COTTAGE lies on this distribution: 46% of detached houses are smaller than CARETAKERS COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Faversham.

CARETAKERS COTTAGE: Plot and Title Map

CARETAKERS COTTAGE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of CARETAKERS COTTAGE, 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 CARETAKERS COTTAGE). 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 CARETAKERS COTTAGE?

CARETAKERS COTTAGE is located on PRESTON STREET in FAVERSHAM, in the ME13 postcode district. The below map shows the position of CARETAKERS COTTAGE on PRESTON STREET.