14, DE MERE CLOSE, GILLINGHAM, ME8 9JY - £126,500

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 DE MERE CLOSE is a very small detached house of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £240,124. It was last sold for £126,500 in November 2013, which was around 55% below the average November 2013 detached price in the Medway local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was B.

14 DE MERE CLOSE Sold Prices

Land registry data shows three sales for 14 DE MERE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 14 DE MERE CLOSE 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
2013 1 NOV	£126,500	£283,778	55% below HPI
1997 14 AUG	£43,750	£97,211	55% below HPI
1995 19 APR	£36,000	£83,112	57% below HPI

14 DE MERE CLOSE 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 three 14 DE MERE CLOSE sales between April 1995 and November 2013 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 1997 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the November 2013 sale, which was also at 55% below the HPI.

What might 14 DE MERE CLOSE be worth now?

14 DE MERE CLOSE might now be worth an estimated £240,124.

This is based on house price inflation of 89.8%, between November 2013 and February 2025, for detached 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 89.8% inflationary increase is applied to the most recent sale price for 14 DE MERE CLOSE of £126,500 on 1st November 2013. For the value to have increased from £126,500 to £240,124 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 DE MERE CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2013 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 14 DE MERE CLOSE has not materially changed since November 2013.

How Large is 14 DE MERE CLOSE?

14 DE MERE CLOSE is 49m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 14 DE MERE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 14 DE MERE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

14 DE MERE CLOSE: Plot and Title Map

14 DE MERE CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 14 DE MERE 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 DE MERE 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 DE MERE CLOSE?

14 DE MERE CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 14 on DE MERE CLOSE.