4, OSPRINGE PLACE, FAVERSHAM, ME13 8TB - £323,000

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.

4 OSPRINGE PLACE is a very large flat of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £309,309. It was last sold for £323,000 in September 2023, which was around 106% above the average September 2023 flat price in the Swale local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

4 OSPRINGE PLACE Sold Prices

Land registry data shows five sales for 4 OSPRINGE PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Swale local authority area for the corresponding sale date. All of the five 4 OSPRINGE PLACE 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
2023 29 SEP	£323,000	£157,145	106% above HPI
2021 29 JUN	£287,000	£152,074	89% above HPI
2014 3 OCT	£200,000	£113,260	77% above HPI
2009 1 JUL	£106,000	£99,395	7% above HPI
2004 30 APR	£158,000	£96,113	64% above HPI

What might 4 OSPRINGE PLACE be worth now?

4 OSPRINGE PLACE might now be worth an estimated £309,309.

This is based on house price deflation of 4.2%, between September 2023 and May 2026, for flats, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% deflationary decrease is applied to the most recent sale price for 4 OSPRINGE PLACE of £323,000 on 29th September 2023. For the value to have decreased from £323,000 to £309,309 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 4 OSPRINGE PLACE has moved in line with the HPI for flats in the Swale local authority area.
• The September 2023 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OSPRINGE PLACE has not materially changed since September 2023.

How Large is 4 OSPRINGE PLACE?

4 OSPRINGE PLACE is 85m² according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of flats in Faversham, based on EPC data. 91% of flats are smaller than 4 OSPRINGE PLACE, and 8% of flats are larger. Note that EPC data is not available for all properties in Faversham.

4 OSPRINGE PLACE: Plot

4 OSPRINGE PLACE sits on a plot of roughly 0.221 of an acre, or 893m².

Where is 4 OSPRINGE PLACE?

4 OSPRINGE PLACE is located in FAVERSHAM, in the ME13 postcode district.