17, CEDAR GROVE, HEMPSTEAD, GILLINGHAM, ME7 3QT - £300,000

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

17 CEDAR GROVE is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £300,000 in April 2015, which was around 4% below the average April 2015 detached price in the Medway local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

17 CEDAR GROVE Sold Prices

Land registry data shows three sales for 17 CEDAR GROVE 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. One of the three 17 CEDAR GROVE sales was for below the average price, whilst two 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
2015 29 APR	£300,000	£314,028	4% below HPI
2000 12 MAY	£145,000	£131,270	10% above HPI
1996 16 FEB	£91,000	£84,520	8% above HPI

17 CEDAR GROVE 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 17 CEDAR GROVE sales between February 1996 and April 2015 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 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 17 CEDAR GROVE?

17 CEDAR GROVE is 102m² according to the EPC inspection conducted in May 2014. 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 17 CEDAR GROVE lies on this distribution: 33% of detached houses are smaller than 17 CEDAR GROVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

17 CEDAR GROVE: Plot and Title Map

17 CEDAR GROVE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 17 CEDAR GROVE, 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 17 CEDAR GROVE). 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 17 CEDAR GROVE?

17 CEDAR GROVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 17 on CEDAR GROVE.