15, MARSHALL ROAD, GILLINGHAM, ME8 0AR - £320,000

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

15 MARSHALL ROAD is a very small detached house of 76m², built sometime before 1900, which could now be worth an estimated £455,993. It was last sold for £320,000 in March 2016, which was around 14% below the average March 2016 detached price in the Medway local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

15 MARSHALL ROAD Sold Prices

Land registry data shows four sales for 15 MARSHALL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 15 MARSHALL ROAD 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
2016 31 MAR	£320,000	£373,761	14% below HPI
2005 29 JUL	£250,000	£253,811	2% below HPI
1999 18 MAY	£50,000	£113,411	56% below HPI
1995 8 NOV	£50,000	£83,290	40% below HPI

15 MARSHALL ROAD 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 four 15 MARSHALL ROAD sales between November 1995 and March 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 July 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 MARSHALL ROAD be worth now?

15 MARSHALL ROAD might now be worth an estimated £455,993.

This is based on house price inflation of 42.5%, between March 2016 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 42.5% inflationary increase is applied to the most recent sale price for 15 MARSHALL ROAD of £320,000 on 31st March 2016. For the value to have increased from £320,000 to £455,993 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 15 MARSHALL ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2016 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MARSHALL ROAD has not materially changed since March 2016.

How Large is 15 MARSHALL ROAD?

15 MARSHALL ROAD is 76m² according to the EPC inspection conducted in June 2024. 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 15 MARSHALL ROAD lies on this distribution: 11% of detached houses houses are smaller than 15 MARSHALL ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

15 MARSHALL ROAD: Plot and Title Map

15 MARSHALL ROAD sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 15 MARSHALL ROAD, 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 MARSHALL ROAD). 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 MARSHALL ROAD?

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