14, IVORY CLOSE, FAVERSHAM, ME13 7RS - £77,000

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.

14 IVORY CLOSE is a very small terraced house of 49m², built sometime between 1976 and 1982, which could now be worth an estimated £214,640. It was last sold for £77,000 in August 2002, which was around 14% below the average August 2002 terraced price in the Swale local authority area. The most recent EPC inspection was September 2008, where the current energy rating was E, and the potential energy rating was D.

14 IVORY CLOSE Sold Prices

Land registry data shows two sales for 14 IVORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Swale local authority area for the corresponding sale date. One of the two 14 IVORY CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2002 28 AUG	£77,000	£89,057	14% below HPI
1995 22 MAY	£41,500	£41,577	Close to HPI

14 IVORY 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 two 14 IVORY CLOSE sales from May 1995 and August 2002 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 May 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2002 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 14 IVORY CLOSE be worth now?

14 IVORY CLOSE might now be worth an estimated £214,640.

This is based on house price inflation of 178.8%, between August 2002 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 178.8% inflationary increase is applied to the most recent sale price for 14 IVORY CLOSE of £77,000 on 28th August 2002. For the value to have increased from £77,000 to £214,640 over the 24 years and four months to April 2026, the following assumptions must hold true:

• The value of 14 IVORY CLOSE has moved in line with the HPI for terraced houses in the Swale local authority area.
• The August 2002 sale price of £77,000 represented a fair market value for the property.
• The size, condition, and specification of 14 IVORY CLOSE has not materially changed since August 2002.

How Large is 14 IVORY CLOSE?

14 IVORY CLOSE is 49m² according to the EPC inspection conducted in September 2008. 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 14 IVORY CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 14 IVORY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Faversham.

14 IVORY CLOSE: Plot and Title Map

14 IVORY CLOSE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 14 IVORY 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 14 IVORY 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 14 IVORY CLOSE?

14 IVORY CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 14 on IVORY CLOSE.