18, CEDAR GROVE, HEMPSTEAD, GILLINGHAM, ME7 3QT - £343,000

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

18 CEDAR GROVE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £343,000 in June 2019, which was around 19% below the average June 2019 detached price in the Medway local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

18 CEDAR GROVE Sold Prices

Land registry data shows three sales for 18 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. Two of the three 18 CEDAR GROVE sales were for below the average price, whilst one was 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
2019 13 JUN	£343,000	£424,180	19% below HPI
2003 21 JUL	£225,000	£226,264	1% below HPI
1997 17 OCT	£99,995	£98,217	2% above HPI

18 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 18 CEDAR GROVE sales between October 1997 and June 2019 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 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 CEDAR GROVE?

18 CEDAR GROVE is 64m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 CEDAR GROVE lies on this distribution: 5% of detached houses are smaller than 18 CEDAR GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 CEDAR GROVE: Plot and Title Map

18 CEDAR GROVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 18 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 18 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 18 CEDAR GROVE?

18 CEDAR GROVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 18 on CEDAR GROVE.