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

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.

1 FELLOWS CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £499,753. It was last sold for £240,000 in November 2004, which was around 7% 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	£258,690	7% below HPI
1996 3 APR	£73,000	£85,585	15% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2004 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 FELLOWS CLOSE be worth now?

1 FELLOWS CLOSE might now be worth an estimated £499,753.

This is based on house price inflation of 108.2%, between November 2004 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 108.2% inflationary increase is applied to the most recent sale price for 1 FELLOWS CLOSE of £240,000 on 12th November 2004. For the value to have increased from £240,000 to £499,753 over the 21 years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 FELLOWS CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2004 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FELLOWS CLOSE has not materially changed since November 2004.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 1 FELLOWS CLOSE lies on this distribution: 28% of detached houses houses are smaller than 1 FELLOWS CLOSE, and 71% 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.