25, IVORY CLOSE, FAVERSHAM, ME13 7RS - £187,500

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.

25 IVORY CLOSE is a very small terraced house of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £229,268. It was last sold for £187,500 in March 2020, which was around 8% below the average March 2020 terraced price in the Swale local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

25 IVORY CLOSE Sold Prices

Land registry data shows four sales for 25 IVORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Swale local authority area for the corresponding sale date. Most of the four 25 IVORY CLOSE sales were 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
2020 6 MAR	£187,500	£203,023	8% below HPI
2020 31 JAN	£190,000	£208,275	9% below HPI
1999 30 JUL	£53,500	£56,748	6% below HPI
1997 21 MAR	£46,000	£43,996	5% above HPI

25 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 four 25 IVORY CLOSE sales between March 1997 and March 2020 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 January 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 25 IVORY CLOSE be worth now?

25 IVORY CLOSE might now be worth an estimated £229,268.

This is based on house price inflation of 22.3%, between March 2020 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 22.3% inflationary increase is applied to the most recent sale price for 25 IVORY CLOSE of £187,500 on 6th March 2020. For the value to have increased from £187,500 to £229,268 over the five years and eleven months to April 2026, the following assumptions must hold true:

• The value of 25 IVORY CLOSE has moved in line with the HPI for terraced houses in the Swale local authority area.
• The March 2020 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 25 IVORY CLOSE has not materially changed since March 2020.

How Large is 25 IVORY CLOSE?

25 IVORY CLOSE is 46m² according to the EPC inspection conducted in December 2019. 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 25 IVORY CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 25 IVORY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Faversham.

25 IVORY CLOSE: Plot and Title Map

25 IVORY CLOSE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 25 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 25 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 25 IVORY CLOSE?

25 IVORY CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 25 on IVORY CLOSE.