29, IVORY CLOSE, FAVERSHAM, ME13 7RS - £130,000

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.

29 IVORY CLOSE is a very small semi-detached house of 52m², built sometime between 1996 and 2002, which could now be worth an estimated £256,051. It was last sold for £130,000 in August 2009, which was around 18% below the average August 2009 semi-detached price in the Swale local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

29 IVORY CLOSE Sold Prices

Land registry data shows seven sales for 29 IVORY CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Swale local authority area for the corresponding sale date. All of the seven 29 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
2009 12 AUG	£130,000	£158,591	18% below HPI
2007 5 JAN	£149,000	£177,182	16% below HPI
2005 21 APR	£142,000	£159,611	11% below HPI
2003 28 NOV	£123,500	£142,622	13% below HPI
2001 3 AUG	£80,000	£93,568	15% below HPI
1998 18 SEP	£52,000	£64,688	20% below HPI
1995 14 JUL	£47,000	£55,797	16% below HPI

29 IVORY CLOSE 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 seven 29 IVORY CLOSE sales between July 1995 and August 2009 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 29 IVORY CLOSE be worth now?

29 IVORY CLOSE might now be worth an estimated £256,051.

This is based on house price inflation of 97%, between August 2009 and April 2026, 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 97% inflationary increase is applied to the most recent sale price for 29 IVORY CLOSE of £130,000 on 12th August 2009. For the value to have increased from £130,000 to £256,051 over the seventeen years and four months to April 2026, the following assumptions must hold true:

• The value of 29 IVORY CLOSE has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The August 2009 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 29 IVORY CLOSE has not materially changed since August 2009.

How Large is 29 IVORY CLOSE?

29 IVORY CLOSE is 52m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% 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 29 IVORY CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 29 IVORY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Faversham.

29 IVORY CLOSE: Plot and Title Map

29 IVORY CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 29 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 29 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 29 IVORY CLOSE?

29 IVORY CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 29 on IVORY CLOSE.