MILLERS HOUSE, WATER LANE, OSPRINGE, FAVERSHAM, ME13 8TX - £460,000

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

MILLERS HOUSE is a large extended detached house of 143m², built sometime before 1900. It was last sold for £460,000 in October 2015, which was around 44% above the average October 2015 detached price in the Swale local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

MILLERS HOUSE Sold Prices

Land registry data shows three sales for MILLERS HOUSE 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 MILLERS HOUSE 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
2015 30 OCT	£460,000	£319,060	44% above HPI
2004 17 SEP	£250,000	£239,753	4% above HPI
1998 17 APR	£105,000	£96,352	9% above HPI

MILLERS HOUSE 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 MILLERS HOUSE sales between April 1998 and October 2015 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 September 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2015 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is MILLERS HOUSE?

MILLERS HOUSE is 143m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where MILLERS HOUSE lies on this distribution: 73% of detached houses are smaller than MILLERS HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Faversham.

MILLERS HOUSE: Plot and Title Map

MILLERS HOUSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of MILLERS HOUSE, 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 MILLERS HOUSE). 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 MILLERS HOUSE?

MILLERS HOUSE is located on WATER LANE in OSPRINGE, in the ME13 postcode district. The below map shows the position of MILLERS HOUSE on WATER LANE.