3, OSPRINGE PLACE, FAVERSHAM, ME13 8TB - £205,000

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.

3 OSPRINGE PLACE is a very large extended flat of 112m², built sometime before 1900, which could now be worth an estimated £309,703. It was last sold for £205,000 in July 2011, which was around 106% above the average July 2011 flat price in the Swale local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

3 OSPRINGE PLACE Sold Prices

Land registry data shows one sale for 3 OSPRINGE PLACE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2011 27 JUL	£205,000	£99,609	106% above HPI

What might 3 OSPRINGE PLACE be worth now?

3 OSPRINGE PLACE might now be worth an estimated £309,703.

This is based on house price inflation of 51.1%, between July 2011 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 51.1% inflationary increase is applied to the most recent sale price for 3 OSPRINGE PLACE of £205,000 on 27th July 2011. For the value to have increased from £205,000 to £309,703 over the fifteen years and two months to May 2026, the following assumptions must hold true:

• The value of 3 OSPRINGE PLACE has moved in line with the HPI for flats in the Swale local authority area.
• The July 2011 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OSPRINGE PLACE has not materially changed since July 2011.

How Large is 3 OSPRINGE PLACE?

3 OSPRINGE PLACE is 112m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of flats in Faversham, based on EPC data. 96% of flats are smaller than 3 OSPRINGE PLACE, and 4% of flats are larger. Note that EPC data is not available for all properties in Faversham.

3 OSPRINGE PLACE: Plot

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

Where is 3 OSPRINGE PLACE?

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