12, CEDAR GROVE, HEMPSTEAD, GILLINGHAM, ME7 3QT - £250,000

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

12 CEDAR GROVE is a very small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £250,000 in February 2014, which was around 11% below the average February 2014 detached price in the Medway local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 CEDAR GROVE Sold Prices

Land registry data shows two sales for 12 CEDAR GROVE 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 12 CEDAR GROVE 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
2014 21 FEB	£250,000	£280,877	11% below HPI
2007 24 AUG	£180,000	£275,939	35% below HPI

12 CEDAR GROVE 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 12 CEDAR GROVE sales from August 2007 and February 2014 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 August 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 CEDAR GROVE?

12 CEDAR GROVE is 87m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 12 CEDAR GROVE lies on this distribution: 18% of detached houses are smaller than 12 CEDAR GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

12 CEDAR GROVE: Plot and Title Map

12 CEDAR GROVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 12 CEDAR GROVE, 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 12 CEDAR GROVE). 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 12 CEDAR GROVE?

12 CEDAR GROVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 12 on CEDAR GROVE.