14, HONEY CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3PF - £250,000

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 HONEY CLOSE is a very small terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £281,058. It was last sold for £250,000 in September 2021, which was around 2% above the average September 2021 terraced price in the Medway local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

14 HONEY CLOSE Sold Prices

Land registry data shows five sales for 14 HONEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the five 14 HONEY CLOSE 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
2021 30 SEP	£250,000	£244,050	2% above HPI
2017 23 OCT	£235,000	£218,084	8% above HPI
2012 25 MAY	£145,000	£135,021	7% above HPI
2007 11 JAN	£149,995	£144,703	4% above HPI
2001 10 SEP	£82,000	£75,101	9% above HPI

14 HONEY 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 five 14 HONEY CLOSE sales between September 2001 and September 2021 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 October 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 14 HONEY CLOSE be worth now?

14 HONEY CLOSE might now be worth an estimated £281,058.

This is based on house price inflation of 12.4%, between September 2021 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 12.4% inflationary increase is applied to the most recent sale price for 14 HONEY CLOSE of £250,000 on 30th September 2021. For the value to have increased from £250,000 to £281,058 over the four years and two months to July 2025, the following assumptions must hold true:

• The value of 14 HONEY CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The September 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 14 HONEY CLOSE has not materially changed since September 2021.

How Large is 14 HONEY CLOSE?

14 HONEY CLOSE is 48m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 HONEY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 14 HONEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

14 HONEY CLOSE: Plot and Title Map

14 HONEY CLOSE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 14 HONEY 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 HONEY 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 HONEY CLOSE?

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