16, GEORGIAN WAY, GILLINGHAM, ME8 0QY - £217,000

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

16 GEORGIAN WAY is a small extended semi-detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £409,492. It was last sold for £217,000 in January 2014, which was around 18% above the average January 2014 semi-detached price in the Medway local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

16 GEORGIAN WAY Sold Prices

Land registry data shows three sales for 16 GEORGIAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 16 GEORGIAN WAY sales 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
2014 10 JAN	£217,000	£184,657	18% above HPI
2000 21 NOV	£125,000	£89,113	40% above HPI
1998 23 JAN	£90,000	£61,391	47% above HPI

16 GEORGIAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The three 16 GEORGIAN WAY sales between January 1998 and January 2014 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 November 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 16 GEORGIAN WAY be worth now?

16 GEORGIAN WAY might now be worth an estimated £409,492.

This is based on house price inflation of 88.7%, between January 2014 and December 2024, for semi-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 88.7% inflationary increase is applied to the most recent sale price for 16 GEORGIAN WAY of £217,000 on 10th January 2014. For the value to have increased from £217,000 to £409,492 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 16 GEORGIAN WAY has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The January 2014 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GEORGIAN WAY has not materially changed since January 2014.

How Large is 16 GEORGIAN WAY?

16 GEORGIAN WAY is 94m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 16 GEORGIAN WAY lies on this distribution: 25% of semi-detached houses houses are smaller than 16 GEORGIAN WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 GEORGIAN WAY: Plot and Title Map

16 GEORGIAN WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 16 GEORGIAN WAY, 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 16 GEORGIAN WAY). 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 16 GEORGIAN WAY?

16 GEORGIAN WAY is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 16 on GEORGIAN WAY.