Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 SHEPHERDS GATE is a large extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £420,000 in May 2021, which was around 6% below the average May 2021 detached price in the Medway local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 15 SHEPHERDS GATE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. The five 15 SHEPHERDS GATE sales were a mix of below the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2021 26 MAY | £420,000 | £445,017 | 6% below HPI |
2003 6 JUN | £209,995 | £225,490 | 7% below HPI |
2000 27 OCT | £139,995 | £144,344 | 3% below HPI |
1999 27 AUG | £116,500 | £112,275 | 4% above HPI |
1997 27 FEB | £89,000 | £88,880 | Close to HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The five 15 SHEPHERDS GATE sales between February 1997 and May 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 June 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
15 SHEPHERDS GATE is 133m², which includes three extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 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 SHEPHERDS GATE lies on this distribution: 66% of detached houses are smaller than 15 SHEPHERDS GATE, and 33% of houses are larger. Note that EPC data is not available for all properties in Gillingham.
15 SHEPHERDS GATE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 15 SHEPHERDS GATE, 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 SHEPHERDS GATE). 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.
15 SHEPHERDS GATE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 15 on SHEPHERDS GATE.