12B, CHICAGO AVENUE, GILLINGHAM, ME7 2DR - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12B CHICAGO AVENUE is a midsized detached house of 120m², built sometime between 1967 and 1975. It was last sold for £415,000 in July 2020, which was around 3% below the average July 2020 detached price in the Medway local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

12B CHICAGO AVENUE Sold Prices

Land registry data shows two sales for 12B CHICAGO AVENUE 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. One of the two 12B CHICAGO AVENUE sales was for below the average price, whilst the other was 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 31 JUL	£415,000	£426,239	3% below HPI
2009 24 JUL	£235,500	£230,409	2% above HPI

12B 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 two 12B CHICAGO AVENUE sales from July 2009 and July 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 July 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 12B CHICAGO AVENUE?

12B CHICAGO AVENUE is 120m² according to the EPC inspection conducted in February 2020. 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 12B CHICAGO AVENUE lies on this distribution: 53% of detached houses are smaller than 12B CHICAGO AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

12B CHICAGO AVENUE: Plot and Title Map

12B CHICAGO AVENUE sits on a plot of roughly 0.296 of an acre, or 1,199m². The below map shows the location of 12B 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 12B 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 12B CHICAGO AVENUE?

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