7, ORCHARD COTTAGES, LOVE LANE, FAVERSHAM, ME13 8YJ - £325,000

7 ORCHARD COTTAGES is a small extended detached house of 104m², built sometime between 2003 and 2006. It was last sold for £325,000 in March 2015, which was around 9% above the average March 2015 detached price in the Swale local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

7 ORCHARD COTTAGES Sold Prices

Land registry data shows two sales for 7 ORCHARD COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 7 ORCHARD 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
2015 27 MAR	£325,000	£298,565	9% above HPI
2007 3 AUG	£283,000	£265,593	7% above HPI

7 ORCHARD COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 7 ORCHARD COTTAGES sales from August 2007 and March 2015 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 August 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 7 ORCHARD COTTAGES?

7 ORCHARD COTTAGES is 104m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 7 ORCHARD COTTAGES lies on this distribution: 39% of detached houses are smaller than 7 ORCHARD COTTAGES, and 61% of houses are larger. Note that EPC data is not available for all properties in Faversham.

7 ORCHARD COTTAGES: Plot and Title Map

7 ORCHARD COTTAGES sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 7 ORCHARD 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 7 ORCHARD 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 7 ORCHARD COTTAGES?

7 ORCHARD COTTAGES is located on LOVE LANE in FAVERSHAM, in the ME13 postcode district. The below map shows the position of 7 ORCHARD COTTAGES on LOVE LANE.