1, FELLOWS CLOSE, GILLINGHAM, ME8 0ST - £240,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 FELLOWS CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £240,000 in November 2004, which was around 5% below the average November 2004 detached price in the Medway local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

1 FELLOWS CLOSE Sold Prices

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

Date	Price	HPI Price	Variation from HPI
2004 12 NOV	£240,000	£251,887	5% below HPI
1996 3 APR	£73,000	£83,335	12% below HPI

1 FELLOWS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 1 FELLOWS CLOSE sales from April 1996 and November 2004 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2004 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 FELLOWS CLOSE?

1 FELLOWS CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 1 FELLOWS CLOSE lies on this distribution: 28% of detached houses are smaller than 1 FELLOWS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 FELLOWS CLOSE: Plot and Title Map

1 FELLOWS CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 FELLOWS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FELLOWS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 FELLOWS CLOSE?

1 FELLOWS CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 1 on FELLOWS CLOSE.