2, THATCH COTTAGES, WATER LANE, OSPRINGE, FAVERSHAM, ME13 8TY - £370,000

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.

2 THATCH COTTAGES is a small semi-detached house of 91m², built sometime before 1900, which could now be worth an estimated £451,418. It was last sold for £370,000 in June 2019, which was around 42% above the average June 2019 semi-detached price in the Swale local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

2 THATCH COTTAGES Sold Prices

Land registry data shows four sales for 2 THATCH COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Swale local authority area for the corresponding sale date. All of the four 2 THATCH COTTAGES 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
2019 14 JUN	£370,000	£259,885	42% above HPI
2004 20 MAY	£249,950	£150,783	66% above HPI
2000 10 MAR	£168,000	£77,122	118% above HPI
1999 8 JAN	£105,000	£66,006	59% above HPI

2 THATCH COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swale local authority area over time, sourced from the HPI. The four 2 THATCH COTTAGES sales between January 1999 and June 2019 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 2004 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the June 2019 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 2 THATCH COTTAGES be worth now?

2 THATCH COTTAGES might now be worth an estimated £451,418.

This is based on house price inflation of 22%, between June 2019 and February 2025, for semi-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 22% inflationary increase is applied to the most recent sale price for 2 THATCH COTTAGES of £370,000 on 14th June 2019. For the value to have increased from £370,000 to £451,418 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 2 THATCH COTTAGES has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The June 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THATCH COTTAGES has not materially changed since June 2019.

How Large is 2 THATCH COTTAGES?

2 THATCH COTTAGES is 91m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of semi-detached houses houses in Faversham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Faversham, and where 2 THATCH COTTAGES lies on this distribution: 20% of semi-detached houses houses are smaller than 2 THATCH COTTAGES, and 74% of houses are larger. Note that EPC data is not available for all properties in Faversham.

2 THATCH COTTAGES: Plot and Title Map

2 THATCH COTTAGES sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 2 THATCH COTTAGES, 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 2 THATCH COTTAGES). 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 2 THATCH COTTAGES?

2 THATCH COTTAGES is located on WATER LANE in OSPRINGE, in the ME13 postcode district. The below map shows the position of 2 THATCH COTTAGES on WATER LANE.