11, LAKESIDE CLOSE, FAVERSHAM, ME13 7FA - £365,000

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.

11 LAKESIDE CLOSE is a midsized terraced house of 120m², built in 2015, which could now be worth an estimated £366,250. It was last sold for £365,000 in September 2023, which was around 48% above the average September 2023 terraced price in the Swale local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

11 LAKESIDE CLOSE Sold Prices

Land registry data shows three sales for 11 LAKESIDE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Swale local authority area for the corresponding sale date. All of the three 11 LAKESIDE CLOSE 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
2023 1 SEP	£365,000	£247,402	48% above HPI
2019 11 JUN	£320,000	£207,335	54% above HPI
2015 20 MAR	£334,995	£159,343	110% above HPI

11 LAKESIDE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Swale local authority area over time, sourced from the HPI. The three 11 LAKESIDE CLOSE sales between March 2015 and September 2023 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 June 2019 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2023 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 11 LAKESIDE CLOSE be worth now?

11 LAKESIDE CLOSE might now be worth an estimated £366,250.

This is based on house price inflation of 0.3%, between September 2023 and April 2026, for terraced 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 0.3% inflationary increase is applied to the most recent sale price for 11 LAKESIDE CLOSE of £365,000 on 1st September 2023. For the value to have increased from £365,000 to £366,250 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 11 LAKESIDE CLOSE has moved in line with the HPI for terraced houses in the Swale local authority area.
• The September 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LAKESIDE CLOSE has not materially changed since September 2023.

How Large is 11 LAKESIDE CLOSE?

11 LAKESIDE CLOSE is 120m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of terraced houses houses in Faversham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Faversham, and where 11 LAKESIDE CLOSE lies on this distribution: 53% of terraced houses houses are smaller than 11 LAKESIDE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Faversham.

11 LAKESIDE CLOSE: Plot and Title Map

11 LAKESIDE CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 11 LAKESIDE 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 11 LAKESIDE 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 11 LAKESIDE CLOSE?

11 LAKESIDE CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 11 on LAKESIDE CLOSE.