2, ALDER CLOSE, FAVERSHAM, ME13 7FJ - £370,000

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.

2 ALDER CLOSE is a very small semi-detached house of 71m², built in 2019, which could now be worth an estimated £422,782. It was last sold for £370,000 in March 2021, which was around 35% above the average March 2021 semi-detached price in the Swale local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

2 ALDER CLOSE Sold Prices

Land registry data shows one sale for 2 ALDER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2021 31 MAR	£370,000	£273,368	35% above HPI

What might 2 ALDER CLOSE be worth now?

2 ALDER CLOSE might now be worth an estimated £422,782.

This is based on house price inflation of 14.3%, between March 2021 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 14.3% inflationary increase is applied to the most recent sale price for 2 ALDER CLOSE of £370,000 on 31st March 2021. For the value to have increased from £370,000 to £422,782 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 ALDER CLOSE has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The March 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALDER CLOSE has not materially changed since March 2021.

How Large is 2 ALDER CLOSE?

2 ALDER CLOSE is 71m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of semi-detached houses in Faversham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Faversham, and where 2 ALDER CLOSE lies on this distribution: 19% of semi-detached houses are smaller than 2 ALDER CLOSE, and 79% of semi-detached houses are larger. Note that EPC data is not available for all properties in Faversham.

2 ALDER CLOSE: Plot

2 ALDER CLOSE sits on a plot of roughly 0.045 of an acre, or 182m².

Where is 2 ALDER CLOSE?

2 ALDER CLOSE is located in FAVERSHAM, in the ME13 postcode district.