11, MAGDALEN CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3TA - £452,500

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

11 MAGDALEN CLOSE is a midsized detached house of 122m², built sometime between 1983 and 1990. It was last sold for £452,500 in January 2021, which was around 1% above the average January 2021 detached price in the Medway local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

11 MAGDALEN CLOSE Sold Prices

Land registry data shows three sales for 11 MAGDALEN CLOSE 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. Two of the three 11 MAGDALEN CLOSE sales were for above the average price, whilst one was 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
2021 27 JAN	£452,500	£448,190	1% above HPI
2019 28 FEB	£450,000	£430,238	5% above HPI
2014 24 MAR	£275,000	£284,553	3% below HPI

11 MAGDALEN 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 three 11 MAGDALEN CLOSE sales between March 2014 and January 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 February 2019 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 11 MAGDALEN CLOSE?

11 MAGDALEN CLOSE is 122m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% 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 MAGDALEN CLOSE lies on this distribution: 54% of detached houses are smaller than 11 MAGDALEN CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

11 MAGDALEN CLOSE: Plot and Title Map

11 MAGDALEN CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 11 MAGDALEN 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 MAGDALEN 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 MAGDALEN CLOSE?

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