15, FERRIER CLOSE, GILLINGHAM, ME8 9JL - £265,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

15 FERRIER CLOSE is a midsized extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £265,000 in October 2007, which was around 5% below the average October 2007 detached price in the Medway local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

15 FERRIER CLOSE Sold Prices

Land registry data shows two sales for 15 FERRIER CLOSE 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. One of the two 15 FERRIER CLOSE sales was for below the average price, whilst the other was 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
2007 31 OCT	£265,000	£279,715	5% below HPI
1997 30 MAY	£118,000	£90,080	31% above HPI

15 FERRIER 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 two 15 FERRIER CLOSE sales from May 1997 and October 2007 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 May 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2007 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 15 FERRIER CLOSE?

15 FERRIER CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 15 FERRIER CLOSE lies on this distribution: 46% of detached houses are smaller than 15 FERRIER CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

15 FERRIER CLOSE: Plot and Title Map

15 FERRIER CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 15 FERRIER 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 FERRIER 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 FERRIER CLOSE?

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