11, GREENBANK CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3SG - £375,000

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

11 GREENBANK CLOSE is a very large detached house of 161m², built sometime between 1976 and 1982. It was last sold for £375,000 in July 2013, which was around 41% above the average July 2013 detached price in the Medway local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

11 GREENBANK CLOSE Sold Prices

Land registry data shows two sales for 11 GREENBANK 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 GREENBANK 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
2013 16 JUL	£375,000	£265,705	41% above HPI
2010 7 JUL	£350,000	£256,413	36% above HPI

11 GREENBANK 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 GREENBANK CLOSE sales from July 2010 and July 2013 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 July 2010 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2013 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 11 GREENBANK CLOSE?

11 GREENBANK CLOSE is 161m² according to the EPC inspection conducted in October 2009. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 11 GREENBANK CLOSE lies on this distribution: 81% of detached houses are smaller than 11 GREENBANK CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

11 GREENBANK CLOSE: Plot and Title Map

11 GREENBANK CLOSE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 11 GREENBANK 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 GREENBANK 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 GREENBANK CLOSE?

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