10, MEDWAY ROAD, GILLINGHAM, ME7 1NH - £625,000

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

10 MEDWAY ROAD is a very large detached house of 313m², built sometime before 1900. It was last sold for £625,000 in December 2019, which was around 49% above the average December 2019 detached price in the Medway local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was D.

10 MEDWAY ROAD Sold Prices

Land registry data shows four sales for 10 MEDWAY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the four 10 MEDWAY ROAD 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
2019 20 DEC	£625,000	£419,349	49% above HPI
2019 15 MAY	£320,000	£424,709	25% below HPI
2017 13 JAN	£400,000	£403,952	1% below HPI
1996 30 SEP	£85,000	£86,777	2% below HPI

10 MEDWAY ROAD 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 four 10 MEDWAY ROAD sales between September 1996 and December 2019 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 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2019 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 10 MEDWAY ROAD?

10 MEDWAY ROAD is 313m² according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 10 MEDWAY ROAD lies on this distribution: 99% of detached houses are smaller than 10 MEDWAY ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

10 MEDWAY ROAD: Plot and Title Map

10 MEDWAY ROAD sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 10 MEDWAY ROAD, 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 10 MEDWAY ROAD). 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 10 MEDWAY ROAD?

10 MEDWAY ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 10 on MEDWAY ROAD.