1, WATERS PLACE, HEMPSTEAD, GILLINGHAM, ME7 3PG - £558,500

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 WATERS PLACE is a large detached house of 143m², built sometime between 1983 and 1990. It was last sold for £558,500 in May 2021, which was around 26% above the average May 2021 detached price in the Medway local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

1 WATERS PLACE Sold Prices

Land registry data shows three sales for 1 WATERS PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 1 WATERS PLACE 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
2021 5 MAY	£558,500	£445,017	26% above HPI
2016 26 MAY	£450,000	£376,104	20% above HPI
2012 29 FEB	£300,000	£252,691	19% above HPI

1 WATERS PLACE 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 three 1 WATERS PLACE sales between February 2012 and May 2021 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 May 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 1 WATERS PLACE?

1 WATERS PLACE is 143m² according to the EPC inspection conducted in January 2012. 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 WATERS PLACE lies on this distribution: 73% of detached houses are smaller than 1 WATERS PLACE, and 27% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 WATERS PLACE: Plot and Title Map

1 WATERS PLACE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 1 WATERS PLACE, 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 WATERS PLACE). 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 WATERS PLACE?

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