15, FOULDS CLOSE, GILLINGHAM, ME8 0QF - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 FOULDS CLOSE is a small detached house of 106m², built sometime between 1976 and 1982. It was last sold for £350,000 in February 2016, which was around 3% below the average February 2016 detached price in the Medway local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

15 FOULDS CLOSE Sold Prices

Land registry data shows two sales for 15 FOULDS 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 FOULDS 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
2016 25 FEB	£350,000	£359,607	3% below HPI
1997 29 MAY	£110,000	£90,080	22% above HPI

15 FOULDS 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 FOULDS CLOSE sales from May 1997 and February 2016 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 FOULDS CLOSE?

15 FOULDS CLOSE is 106m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% 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 FOULDS CLOSE lies on this distribution: 38% of detached houses are smaller than 15 FOULDS CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

15 FOULDS CLOSE: Plot and Title Map

15 FOULDS CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 15 FOULDS 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 FOULDS 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 FOULDS CLOSE?

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