108, NELSON ROAD, GILLINGHAM, ME7 4LL - £325,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

108 NELSON ROAD is a small extended detached house of 104m², built sometime between 1900 and 1929. It was last sold for £325,000 in April 2024, which was around 36% below the average April 2024 detached price in the Medway local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

108 NELSON ROAD Sold Prices

Land registry data shows five sales for 108 NELSON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 108 NELSON 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
2024 15 APR	£325,000	£503,976	36% below HPI
2019 1 MAY	£264,000	£424,709	38% below HPI
2011 14 APR	£128,000	£254,039	50% below HPI
1997 15 DEC	£77,000	£98,207	22% below HPI
1997 7 APR	£32,000	£90,525	65% below HPI

108 NELSON 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 five 108 NELSON ROAD sales between April 1997 and April 2024 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2024 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 108 NELSON ROAD?

108 NELSON ROAD is 104m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 108 NELSON ROAD lies on this distribution: 35% of detached houses are smaller than 108 NELSON ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

108 NELSON ROAD: Plot and Title Map

108 NELSON ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 108 NELSON 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 108 NELSON 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 108 NELSON ROAD?

108 NELSON ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 108 on NELSON ROAD.