1A, BENDON WAY, GILLINGHAM, ME8 0EN - £435,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1A BENDON WAY is a small extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £435,000 in December 2021, which was around 10% below the average December 2021 detached price in the Medway local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1A BENDON WAY Sold Prices

Land registry data shows four sales for 1A BENDON WAY 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. two of the four 1A BENDON WAY sales were for below the average price, and four 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
2021 3 DEC	£435,000	£482,904	10% below HPI
1999 1 SEP	£110,000	£116,106	5% below HPI
1998 16 JAN	£110,000	£97,874	12% above HPI
1997 3 MAR	£90,000	£89,198	1% above HPI

1A BENDON WAY 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 1A BENDON WAY sales between March 1997 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 September 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1A BENDON WAY?

1A BENDON WAY is 107m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 1A BENDON WAY lies on this distribution: 39% of detached houses are smaller than 1A BENDON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1A BENDON WAY: Plot and Title Map

1A BENDON WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 1A BENDON WAY, 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 1A BENDON WAY). 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 1A BENDON WAY?

1A BENDON WAY is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 1A on BENDON WAY.