18, CAMBRIDGE ROAD, GILLINGHAM, ME8 0JE - £338,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 CAMBRIDGE ROAD is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £338,000 in October 2013, which was around 23% above the average October 2013 detached price in the Medway local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

18 CAMBRIDGE ROAD Sold Prices

Land registry data shows two sales for 18 CAMBRIDGE ROAD 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 18 CAMBRIDGE ROAD 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
2013 31 OCT	£338,000	£275,132	23% above HPI
1997 24 MAR	£135,000	£89,198	51% above HPI

18 CAMBRIDGE 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 two 18 CAMBRIDGE ROAD sales from March 1997 and October 2013 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 March 1997 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the October 2013 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 18 CAMBRIDGE ROAD?

18 CAMBRIDGE ROAD is 89m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 18 CAMBRIDGE ROAD lies on this distribution: 20% of detached houses are smaller than 18 CAMBRIDGE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 CAMBRIDGE ROAD: Plot and Title Map

18 CAMBRIDGE ROAD sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 18 CAMBRIDGE 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 18 CAMBRIDGE 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 18 CAMBRIDGE ROAD?

18 CAMBRIDGE ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 18 on CAMBRIDGE ROAD.