1, FINLAY CLOSE, FAVERSHAM, ME13 7SH - £325,000

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.

1 FINLAY CLOSE is a small extended detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £333,532. It was last sold for £325,000 in February 2024, which was around 29% below the average February 2024 detached price in the Swale local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

1 FINLAY CLOSE Sold Prices

Land registry data shows one sale for 1 FINLAY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Swale local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 21 FEB	£325,000	£458,047	29% below HPI

What might 1 FINLAY CLOSE be worth now?

1 FINLAY CLOSE might now be worth an estimated £333,532.

This is based on house price inflation of 2.6%, between February 2024 and May 2026, for 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 2.6% inflationary increase is applied to the most recent sale price for 1 FINLAY CLOSE of £325,000 on 21st February 2024. For the value to have increased from £325,000 to £333,532 over the one year and nine months to May 2026, the following assumptions must hold true:

• The value of 1 FINLAY CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The February 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FINLAY CLOSE has not materially changed since February 2024.

How Large is 1 FINLAY CLOSE?

1 FINLAY CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 1 FINLAY CLOSE lies on this distribution: 31% of detached houses are smaller than 1 FINLAY CLOSE, and 68% of detached houses are larger. Note that EPC data is not available for all properties in Faversham.

1 FINLAY CLOSE: Plot

1 FINLAY CLOSE sits on a plot of roughly 0.078 of an acre, or 314m².

Where is 1 FINLAY CLOSE?

1 FINLAY CLOSE is located in FAVERSHAM, in the ME13 postcode district.