15, COWBECK CLOSE, GILLINGHAM, ME8 9NN - £210,000

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.

15 COWBECK CLOSE is a very small terraced house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £245,908. It was last sold for £210,000 in February 2021, which was around 10% below the average February 2021 terraced price in the Medway local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

15 COWBECK CLOSE Sold Prices

Land registry data shows three sales for 15 COWBECK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. The three 15 COWBECK CLOSE sales were a mix of below the average price, and roughly equal to 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 12 FEB	£210,000	£234,305	10% below HPI
2003 25 APR	£105,000	£104,491	Close to HPI
2001 9 FEB	£66,500	£67,945	2% below HPI

15 COWBECK 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 three 15 COWBECK CLOSE sales between February 2001 and February 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 April 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 COWBECK CLOSE be worth now?

15 COWBECK CLOSE might now be worth an estimated £245,908.

This is based on house price inflation of 17.1%, between February 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 17.1% inflationary increase is applied to the most recent sale price for 15 COWBECK CLOSE of £210,000 on 12th February 2021. For the value to have increased from £210,000 to £245,908 over the three years and seven months to July 2025, the following assumptions must hold true:

• The value of 15 COWBECK CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The February 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 COWBECK CLOSE has not materially changed since February 2021.

How Large is 15 COWBECK CLOSE?

15 COWBECK CLOSE is 54m² according to the EPC inspection conducted in September 2020. 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 15 COWBECK CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 15 COWBECK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

15 COWBECK CLOSE: Plot and Title Map

15 COWBECK CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 15 COWBECK 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 15 COWBECK 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 15 COWBECK CLOSE?

15 COWBECK CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 15 on COWBECK CLOSE.