11A, FANE WAY, GILLINGHAM, ME8 9TD - £475,000

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

11A FANE WAY is a large detached house of 138m², built sometime between 1983 and 1990. It was last sold for £475,000 in June 2019, which was around 12% above the average June 2019 detached price in the Medway local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

11A FANE WAY Sold Prices

Land registry data shows two sales for 11A FANE WAY 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 11A FANE WAY 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
2019 11 JUN	£475,000	£424,180	12% above HPI
2015 19 NOV	£355,000	£349,556	2% above HPI

11A FANE WAY 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 11A FANE WAY sales from November 2015 and June 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 November 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 11A FANE WAY?

11A FANE WAY is 138m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 11A FANE WAY lies on this distribution: 69% of detached houses are smaller than 11A FANE WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

11A FANE WAY: Plot and Title Map

11A FANE WAY sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 11A FANE WAY, 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 11A FANE WAY). 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 11A FANE WAY?

11A FANE WAY is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 11A on FANE WAY.