14A, JUBILEE TERRACE, GILLINGHAM, ME7 1JT - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14A JUBILEE TERRACE is a very small detached house of 78m², built sometime between 2007 and 2011, which could now be worth an estimated £210,408. It was last sold for £215,000 in February 2023, which was around 60% below the average February 2023 detached price in the Medway local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

14A JUBILEE TERRACE Sold Prices

Land registry data shows two sales for 14A JUBILEE TERRACE 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. Both of the two 14A JUBILEE TERRACE 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
2023 24 FEB	£215,000	£544,225	60% below HPI
2017 24 FEB	£169,000	£415,381	59% below HPI

14A JUBILEE TERRACE 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 14A JUBILEE TERRACE sales from February 2017 and February 2023 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 February 2017 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the February 2023 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 14A JUBILEE TERRACE be worth now?

14A JUBILEE TERRACE might now be worth an estimated £210,408.

This is based on house price deflation of 2.1%, between February 2023 and December 2024, 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 2.1% deflationary decrease is applied to the most recent sale price for 14A JUBILEE TERRACE of £215,000 on 24th February 2023. For the value to have decreased from £215,000 to £210,408 over the two months to December 2024, the following assumptions must hold true:

• The value of 14A JUBILEE TERRACE has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2023 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 14A JUBILEE TERRACE has not materially changed since February 2023.

How Large is 14A JUBILEE TERRACE?

14A JUBILEE TERRACE is 78m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% 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 14A JUBILEE TERRACE lies on this distribution: 12% of detached houses houses are smaller than 14A JUBILEE TERRACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

14A JUBILEE TERRACE: Plot and Title Map

14A JUBILEE TERRACE sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of 14A JUBILEE TERRACE, 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 14A JUBILEE TERRACE). 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 14A JUBILEE TERRACE?

14A JUBILEE TERRACE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 14A on JUBILEE TERRACE.