14, BUTTERMERE CLOSE, GILLINGHAM, ME7 2TS - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 BUTTERMERE CLOSE is a very small terraced house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £273,745. It was last sold for £165,000 in November 2014, which was about the average November 2014 terraced price in the Medway local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

14 BUTTERMERE CLOSE Sold Prices

Land registry data shows four sales for 14 BUTTERMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. The four 14 BUTTERMERE CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 26 NOV	£165,000	£165,376	Close to HPI
2005 22 JUL	£122,500	£131,936	7% below HPI
2002 24 MAY	£86,500	£83,639	3% above HPI
1998 27 MAR	£47,000	£47,519	1% below HPI

14 BUTTERMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The four 14 BUTTERMERE CLOSE sales between March 1998 and November 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 July 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 14 BUTTERMERE CLOSE be worth now?

14 BUTTERMERE CLOSE might now be worth an estimated £273,745.

This is based on house price inflation of 65.9%, between November 2014 and July 2025, for terraced houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.9% inflationary increase is applied to the most recent sale price for 14 BUTTERMERE CLOSE of £165,000 on 26th November 2014. For the value to have increased from £165,000 to £273,745 over the eleven years and four months to July 2025, the following assumptions must hold true:

• The value of 14 BUTTERMERE CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The November 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BUTTERMERE CLOSE has not materially changed since November 2014.

How Large is 14 BUTTERMERE CLOSE?

14 BUTTERMERE CLOSE is 83m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 14 BUTTERMERE CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 14 BUTTERMERE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

14 BUTTERMERE CLOSE: Plot and Title Map

14 BUTTERMERE CLOSE sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 14 BUTTERMERE CLOSE, 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 14 BUTTERMERE CLOSE). 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 14 BUTTERMERE CLOSE?

14 BUTTERMERE CLOSE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 14 on BUTTERMERE CLOSE.