16, LAUREL ROAD, GILLINGHAM, ME7 1NT - £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

16 LAUREL ROAD is a midsized detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £372,569. It was last sold for £320,000 in June 2021, which was around 31% below the average June 2021 detached price in the Medway local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

16 LAUREL ROAD Sold Prices

Land registry data shows three sales for 16 LAUREL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 16 LAUREL 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
2021 29 JUN	£320,000	£462,665	31% below HPI
2013 17 JUL	£195,000	£272,880	29% below HPI
2006 26 OCT	£194,000	£268,507	28% below HPI

16 LAUREL 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 three 16 LAUREL ROAD sales between October 2006 and June 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 July 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 16 LAUREL ROAD be worth now?

16 LAUREL ROAD might now be worth an estimated £372,569.

This is based on house price inflation of 16.4%, between June 2021 and February 2025, 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 16.4% inflationary increase is applied to the most recent sale price for 16 LAUREL ROAD of £320,000 on 29th June 2021. For the value to have increased from £320,000 to £372,569 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 16 LAUREL ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAUREL ROAD has not materially changed since June 2021.

How Large is 16 LAUREL ROAD?

16 LAUREL ROAD is 108m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% 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 16 LAUREL ROAD lies on this distribution: 41% of detached houses houses are smaller than 16 LAUREL ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 LAUREL ROAD: Plot and Title Map

16 LAUREL ROAD sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 16 LAUREL 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 16 LAUREL 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 16 LAUREL ROAD?

16 LAUREL ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 16 on LAUREL ROAD.