15, FERNDOWN CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3SN - £395,000

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 FERNDOWN CLOSE is a midsized detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £497,861. It was last sold for £395,000 in January 2020, which was around 8% below the average January 2020 detached price in the Medway local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

15 FERNDOWN CLOSE Sold Prices

Land registry data shows three sales for 15 FERNDOWN 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. One of the three 15 FERNDOWN CLOSE sales was for below the average price, whilst two 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
2020 16 JAN	£395,000	£427,378	8% below HPI
2011 1 SEP	£270,000	£264,119	2% above HPI
1997 30 SEP	£114,000	£99,255	15% above HPI

15 FERNDOWN 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 15 FERNDOWN CLOSE sales between September 1997 and January 2020 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 September 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 FERNDOWN CLOSE be worth now?

15 FERNDOWN CLOSE might now be worth an estimated £497,861.

This is based on house price inflation of 26%, between January 2020 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 26% inflationary increase is applied to the most recent sale price for 15 FERNDOWN CLOSE of £395,000 on 16th January 2020. For the value to have increased from £395,000 to £497,861 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 FERNDOWN CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2020 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FERNDOWN CLOSE has not materially changed since January 2020.

How Large is 15 FERNDOWN CLOSE?

15 FERNDOWN CLOSE is 124m² according to the EPC inspection conducted in September 2010. This puts it in the largest 50% 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 15 FERNDOWN CLOSE lies on this distribution: 57% of detached houses houses are smaller than 15 FERNDOWN CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

15 FERNDOWN CLOSE: Plot and Title Map

15 FERNDOWN CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 15 FERNDOWN 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 FERNDOWN 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 FERNDOWN CLOSE?

15 FERNDOWN CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 15 on FERNDOWN CLOSE.