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

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 WATERS PLACE is a large detached house of 143m², built sometime between 1983 and 1990, which could now be worth an estimated £658,260. It was last sold for £558,500 in May 2021, which was around 22% 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	£457,035	22% above HPI
2016 26 MAY	£450,000	£386,262	17% above HPI
2012 29 FEB	£300,000	£259,515	16% 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 1 WATERS PLACE be worth now?

1 WATERS PLACE might now be worth an estimated £658,260.

This is based on house price inflation of 17.9%, between May 2021 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 17.9% inflationary increase is applied to the most recent sale price for 1 WATERS PLACE of £558,500 on 5th May 2021. For the value to have increased from £558,500 to £658,260 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 1 WATERS PLACE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2021 sale price of £558,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WATERS PLACE has not materially changed since May 2021.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 1 WATERS PLACE lies on this distribution: 73% of detached houses 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.