138, THIRD AVENUE, GILLINGHAM, ME7 2LY - £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

138 THIRD AVENUE is a midsized detached house of 116m², built sometime between 1930 and 1949. It was last sold for £250,000 in October 2014, which was around 20% below the average October 2014 detached price in the Medway local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

138 THIRD AVENUE Sold Prices

Land registry data shows four sales for 138 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 138 THIRD AVENUE 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 10 OCT	£250,000	£313,355	20% below HPI
2012 22 JUN	£225,000	£254,471	12% below HPI
2005 29 APR	£195,000	£247,745	21% below HPI
1996 16 MAY	£69,000	£82,393	16% below HPI

138 THIRD 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 four 138 THIRD AVENUE sales between May 1996 and October 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 June 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 138 THIRD AVENUE?

138 THIRD AVENUE is 116m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 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 138 THIRD AVENUE lies on this distribution: 49% of detached houses are smaller than 138 THIRD AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

138 THIRD AVENUE: Plot and Title Map

138 THIRD AVENUE sits on a plot of roughly 0.237 of an acre, or 961m². The below map shows the location of 138 THIRD 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 138 THIRD 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 138 THIRD AVENUE?

138 THIRD AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 138 on THIRD AVENUE.