17, MARQUIS DRIVE, HEMPSTEAD, GILLINGHAM, ME7 3DR - £295,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

17 MARQUIS DRIVE is a large extended detached house of 146m², built sometime between 1991 and 1995. It was last sold for £295,000 in May 2004, which was around 25% above the average May 2004 detached price in the Medway local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

17 MARQUIS DRIVE Sold Prices

Land registry data shows two sales for 17 MARQUIS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 17 MARQUIS DRIVE 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
2004 5 MAY	£295,000	£235,885	25% above HPI
1995 8 AUG	£132,000	£83,930	57% above HPI

17 MARQUIS DRIVE 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 two 17 MARQUIS DRIVE sales from August 1995 and May 2004 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 August 1995 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2004 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 17 MARQUIS DRIVE?

17 MARQUIS DRIVE is 146m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% 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 MARQUIS DRIVE lies on this distribution: 74% of detached houses are smaller than 17 MARQUIS DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

17 MARQUIS DRIVE: Plot and Title Map

17 MARQUIS DRIVE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 17 MARQUIS DRIVE, 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 MARQUIS DRIVE). 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 MARQUIS DRIVE?

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