1, BEECH CLOSE, FAVERSHAM, ME13 7SL - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BEECH CLOSE is a large extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £591,094. It was last sold for £320,000 in December 2011, which was around 24% above the average December 2011 detached price in the Swale local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

1 BEECH CLOSE Sold Prices

Land registry data shows two sales for 1 BEECH CLOSE 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 1 BEECH CLOSE sales was for above the average price, whilst the other was 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
2011 8 DEC	£320,000	£257,624	24% above HPI
2000 2 AUG	£122,500	£133,114	8% below HPI

1 BEECH CLOSE 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 1 BEECH CLOSE sales from August 2000 and December 2011 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 August 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2011 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 1 BEECH CLOSE be worth now?

1 BEECH CLOSE might now be worth an estimated £591,094.

This is based on house price inflation of 84.7%, between December 2011 and March 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.7% inflationary increase is applied to the most recent sale price for 1 BEECH CLOSE of £320,000 on 8th December 2011. For the value to have increased from £320,000 to £591,094 over the fourteen years and nine months to March 2025, the following assumptions must hold true:

• The value of 1 BEECH CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The December 2011 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BEECH CLOSE has not materially changed since December 2011.

How Large is 1 BEECH CLOSE?

1 BEECH CLOSE is 133m², which includes three extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 40% of detached houses houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Faversham, and where 1 BEECH CLOSE lies on this distribution: 67% of detached houses houses are smaller than 1 BEECH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Faversham.

1 BEECH CLOSE: Plot and Title Map

1 BEECH CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 BEECH CLOSE, 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 1 BEECH CLOSE). 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 1 BEECH CLOSE?

1 BEECH CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 1 on BEECH CLOSE.