CORNER COTTAGE, CANTERBURY ROAD, FAVERSHAM, ME13 8YL - £620,540

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

CORNER COTTAGE is a very large extended detached house of 162m², built sometime between 1930 and 1949. It was last sold for £620,540 in April 2022, which was around 36% above the average April 2022 detached price in the Swale local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

CORNER COTTAGE Sold Prices

Land registry data shows two sales for CORNER 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 CORNER COTTAGE 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
2022 28 APR	£620,540	£457,421	36% above HPI
2007 3 OCT	£375,000	£274,567	37% above HPI

CORNER 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 CORNER COTTAGE sales from October 2007 and April 2022 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 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 162m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 CORNER COTTAGE lies on this distribution: 88% of detached houses are smaller than CORNER COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Faversham.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.345 of an acre, or 1,398m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on CANTERBURY ROAD in FAVERSHAM, in the ME13 postcode district. The below map shows the position of CORNER COTTAGE on CANTERBURY ROAD.