7, ARDEN CLOSE, FAVERSHAM, ME13 8GR - £390,000

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.

7 ARDEN CLOSE is a very small detached house of 88m², built in 2019, which could now be worth an estimated £438,399. It was last sold for £390,000 in August 2021, which was around 7% below the average August 2021 detached price in the Swale local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

7 ARDEN CLOSE Sold Prices

Land registry data shows one sale for 7 ARDEN 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
2021 27 AUG	£390,000	£418,176	7% below HPI

What might 7 ARDEN CLOSE be worth now?

7 ARDEN CLOSE might now be worth an estimated £438,399.

This is based on house price inflation of 12.4%, between August 2021 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 12.4% inflationary increase is applied to the most recent sale price for 7 ARDEN CLOSE of £390,000 on 27th August 2021. For the value to have increased from £390,000 to £438,399 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 7 ARDEN CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The August 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ARDEN CLOSE has not materially changed since August 2021.

How Large is 7 ARDEN CLOSE?

7 ARDEN CLOSE is 88m² according to the EPC inspection conducted in June 2021. 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 7 ARDEN CLOSE lies on this distribution: 14% of detached houses are smaller than 7 ARDEN CLOSE, and 84% of detached houses are larger. Note that EPC data is not available for all properties in Faversham.

7 ARDEN CLOSE: Plot

7 ARDEN CLOSE sits on a plot of roughly 0.061 of an acre, or 247m².

Where is 7 ARDEN CLOSE?

7 ARDEN CLOSE is located in FAVERSHAM, in the ME13 postcode district.