175, GRANGE ROAD, GILLINGHAM, ME7 2TL - £340,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

175 GRANGE ROAD is a very small detached house of 56m², built sometime between 1900 and 1929, which could now be worth an estimated £338,879. It was last sold for £340,750 in October 2022, which was around 37% below the average October 2022 detached price in the Medway local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

175 GRANGE ROAD Sold Prices

Land registry data shows four sales for 175 GRANGE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 175 GRANGE 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
2022 14 OCT	£340,750	£541,645	37% below HPI
2021 21 MAY	£240,000	£457,035	47% below HPI
2021 18 MAR	£194,000	£456,525	58% below HPI
1996 31 OCT	£40,000	£89,970	56% below HPI

175 GRANGE 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 four 175 GRANGE ROAD sales between October 1996 and October 2022 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 2021 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 175 GRANGE ROAD be worth now?

175 GRANGE ROAD might now be worth an estimated £338,879.

This is based on house price deflation of 0.5%, between October 2022 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 0.5% deflationary decrease is applied to the most recent sale price for 175 GRANGE ROAD of £340,750 on 14th October 2022. For the value to have decreased from £340,750 to £338,879 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 175 GRANGE ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2022 sale price of £340,750 represented a fair market value for the property.
• The size, condition, and specification of 175 GRANGE ROAD has not materially changed since October 2022.

How Large is 175 GRANGE ROAD?

175 GRANGE ROAD is 56m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 175 GRANGE ROAD lies on this distribution: 2% of detached houses houses are smaller than 175 GRANGE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

175 GRANGE ROAD: Plot and Title Map

175 GRANGE ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 175 GRANGE 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 175 GRANGE 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 175 GRANGE ROAD?

175 GRANGE ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 175 on GRANGE ROAD.