116, OSPRINGE ROAD, FAVERSHAM, ME13 7LG - £154,000

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.

116 OSPRINGE ROAD is a very small extended terraced house of 76m², built sometime before 1900, which could now be worth an estimated £282,744. It was last sold for £154,000 in July 2011, which was around 14% above the average July 2011 terraced price in the Swale local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

116 OSPRINGE ROAD Sold Prices

Land registry data shows three sales for 116 OSPRINGE ROAD 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 116 OSPRINGE ROAD 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
2011 7 JUL	£154,000	£135,212	14% above HPI
2003 31 OCT	£125,000	£107,581	16% above HPI
2000 14 MAR	£64,995	£59,200	10% above HPI

116 OSPRINGE ROAD 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 116 OSPRINGE ROAD sales between March 2000 and July 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 October 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2011 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 116 OSPRINGE ROAD be worth now?

116 OSPRINGE ROAD might now be worth an estimated £282,744.

This is based on house price inflation of 83.6%, between July 2011 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 83.6% inflationary increase is applied to the most recent sale price for 116 OSPRINGE ROAD of £154,000 on 7th July 2011. For the value to have increased from £154,000 to £282,744 over the fifteen years and three months to April 2026, the following assumptions must hold true:

• The value of 116 OSPRINGE ROAD has moved in line with the HPI for terraced houses in the Swale local authority area.
• The July 2011 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 116 OSPRINGE ROAD has not materially changed since July 2011.

How Large is 116 OSPRINGE ROAD?

116 OSPRINGE ROAD is 76m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% 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 116 OSPRINGE ROAD lies on this distribution: 7% of terraced houses houses are smaller than 116 OSPRINGE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Faversham.

116 OSPRINGE ROAD: Plot and Title Map

116 OSPRINGE ROAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 116 OSPRINGE ROAD, 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 116 OSPRINGE ROAD). 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 116 OSPRINGE ROAD?

116 OSPRINGE ROAD is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 116 on OSPRINGE ROAD.