12A, CHICAGO AVENUE, GILLINGHAM, ME7 2DR - £445,000

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

12A CHICAGO AVENUE is a very large extended semi-detached house of 212m², built sometime between 1930 and 1949. It was last sold for £445,000 in October 2020, which was around 1% above the average October 2020 detached price in the Medway local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was D.

12A CHICAGO AVENUE Sold Prices

Land registry data shows five sales for 12A CHICAGO AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the five 12A CHICAGO AVENUE 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
2020 23 OCT	£445,000	£441,317	1% above HPI
2012 14 DEC	£300,000	£257,453	17% above HPI
2006 28 JUL	£285,000	£253,643	12% above HPI
2002 18 OCT	£191,000	£205,374	7% below HPI
2000 25 FEB	£130,000	£122,428	6% above HPI

12A CHICAGO AVENUE 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 five 12A CHICAGO AVENUE sales between February 2000 and October 2020 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 December 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 12A CHICAGO AVENUE?

12A CHICAGO AVENUE is 212m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 12A CHICAGO AVENUE lies on this distribution: 94% of detached houses are smaller than 12A CHICAGO AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

12A CHICAGO AVENUE: Plot and Title Map

12A CHICAGO AVENUE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 12A CHICAGO AVENUE, 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 12A CHICAGO AVENUE). 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 12A CHICAGO AVENUE?

12A CHICAGO AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 12A on CHICAGO AVENUE.