18, DURHAM ROAD, GILLINGHAM, ME8 0JW - £555,000

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 DURHAM ROAD is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £555,000 in December 2021, which was around 15% above the average December 2021 detached price in the Medway local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

18 DURHAM ROAD Sold Prices

Land registry data shows two sales for 18 DURHAM 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. One of the two 18 DURHAM ROAD sales was for above the average price, whilst the other was 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
2021 9 DEC	£555,000	£482,904	15% above HPI
2012 18 MAY	£174,000	£254,453	32% below HPI

18 DURHAM 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 DURHAM ROAD sales from May 2012 and December 2021 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 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 18 DURHAM ROAD?

18 DURHAM ROAD is 157m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 18 DURHAM ROAD lies on this distribution: 79% of detached houses are smaller than 18 DURHAM ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 DURHAM ROAD: Plot and Title Map

18 DURHAM ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 18 DURHAM 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 DURHAM 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 DURHAM ROAD?

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