181, GRANGE ROAD, GILLINGHAM, ME7 2TL - £290,000

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

181 GRANGE ROAD is a very small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £290,000 in April 2017, which was around 29% below the average April 2017 detached price in the Medway local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

181 GRANGE ROAD Sold Prices

Land registry data shows four sales for 181 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 181 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
2017 24 APR	£290,000	£410,705	29% below HPI
2012 16 AUG	£190,000	£255,227	26% below HPI
2009 11 SEP	£165,000	£235,433	30% below HPI
1999 1 APR	£77,000	£108,164	29% below HPI

181 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 181 GRANGE ROAD sales between April 1999 and April 2017 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 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 181 GRANGE ROAD?

181 GRANGE ROAD is 80m², which includes three extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 181 GRANGE ROAD lies on this distribution: 13% of detached houses are smaller than 181 GRANGE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

181 GRANGE ROAD: Plot and Title Map

181 GRANGE ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 181 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 181 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 181 GRANGE ROAD?

181 GRANGE ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 181 on GRANGE ROAD.