4, ALDER CLOSE, FAVERSHAM, ME13 7FJ - £425,000

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 ALDER CLOSE is a very small detached house of 89m², built in 2019, which could now be worth an estimated £479,430. It was last sold for £425,000 in October 2020, which was around 3% above the average October 2020 detached price in the Swale local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was A.

4 ALDER CLOSE Sold Prices

Land registry data shows one sale for 4 ALDER 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
2020 29 OCT	£425,000	£413,837	3% above HPI

What might 4 ALDER CLOSE be worth now?

4 ALDER CLOSE might now be worth an estimated £479,430.

This is based on house price inflation of 12.8%, between October 2020 and April 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 12.8% inflationary increase is applied to the most recent sale price for 4 ALDER CLOSE of £425,000 on 29th October 2020. For the value to have increased from £425,000 to £479,430 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 4 ALDER CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The October 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ALDER CLOSE has not materially changed since October 2020.

How Large is 4 ALDER CLOSE?

4 ALDER CLOSE is 89m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 4 ALDER CLOSE lies on this distribution: 17% of detached houses are smaller than 4 ALDER CLOSE, and 82% of detached houses are larger. Note that EPC data is not available for all properties in Faversham.

4 ALDER CLOSE: Plot

4 ALDER CLOSE sits on a plot of roughly 0.052 of an acre, or 209m².

Where is 4 ALDER CLOSE?

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