1, LAVENDA CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3TB - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAVENDA CLOSE is a large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £395,000 in March 2015, which was around 25% above the average March 2015 detached price in the Medway local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

1 LAVENDA CLOSE Sold Prices

Land registry data shows two sales for 1 LAVENDA 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 LAVENDA CLOSE sales were for above 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
2015 6 MAR	£395,000	£314,987	25% above HPI
2002 4 FEB	£205,000	£173,220	18% above HPI

1 LAVENDA 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 LAVENDA CLOSE sales from February 2002 and March 2015 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 February 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 1 LAVENDA CLOSE?

1 LAVENDA CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 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 LAVENDA CLOSE lies on this distribution: 72% of detached houses are smaller than 1 LAVENDA CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 LAVENDA CLOSE: Plot and Title Map

1 LAVENDA CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 1 LAVENDA 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 LAVENDA 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 LAVENDA CLOSE?

1 LAVENDA CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 1 on LAVENDA CLOSE.