11, FERNDOWN CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3SN - £460,000

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.

11 FERNDOWN CLOSE is a large extended detached house of 143m², built sometime between 1983 and 1990, which could now be worth an estimated £570,090. It was last sold for £460,000 in October 2017, which was around 6% above the average October 2017 detached price in the Medway local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

11 FERNDOWN CLOSE Sold Prices

Land registry data shows two sales for 11 FERNDOWN 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 11 FERNDOWN 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
2017 9 OCT	£460,000	£434,648	6% above HPI
1998 27 FEB	£105,500	£101,097	4% above HPI

11 FERNDOWN 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 11 FERNDOWN CLOSE sales from February 1998 and October 2017 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 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 11 FERNDOWN CLOSE be worth now?

11 FERNDOWN CLOSE might now be worth an estimated £570,090.

This is based on house price inflation of 23.9%, between October 2017 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 23.9% inflationary increase is applied to the most recent sale price for 11 FERNDOWN CLOSE of £460,000 on 9th October 2017. For the value to have increased from £460,000 to £570,090 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 FERNDOWN CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2017 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FERNDOWN CLOSE has not materially changed since October 2017.

How Large is 11 FERNDOWN CLOSE?

11 FERNDOWN CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 11 FERNDOWN CLOSE lies on this distribution: 72% of detached houses houses are smaller than 11 FERNDOWN CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

11 FERNDOWN CLOSE: Plot and Title Map

11 FERNDOWN CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 11 FERNDOWN 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 11 FERNDOWN 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 11 FERNDOWN CLOSE?

11 FERNDOWN CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 11 on FERNDOWN CLOSE.