1A, DIAL ROAD, GILLINGHAM, ME7 2RL - £244,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1A DIAL ROAD is a midsized extended detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £355,887. It was last sold for £244,000 in February 2016, which was around 34% below the average February 2016 detached price in the Medway local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

1A DIAL ROAD Sold Prices

Land registry data shows four sales for 1A DIAL 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 1A DIAL 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
2016 10 FEB	£244,000	£369,319	34% below HPI
2011 21 FEB	£192,000	£262,036	27% below HPI
2008 18 DEC	£198,000	£245,555	19% below HPI
2005 31 MAY	£210,000	£254,885	18% below HPI

1A DIAL 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 1A DIAL ROAD sales between May 2005 and February 2016 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 February 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1A DIAL ROAD be worth now?

1A DIAL ROAD might now be worth an estimated £355,887.

This is based on house price inflation of 45.9%, between February 2016 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.9% inflationary increase is applied to the most recent sale price for 1A DIAL ROAD of £244,000 on 10th February 2016. For the value to have increased from £244,000 to £355,887 over the nine years to February 2025, the following assumptions must hold true:

• The value of 1A DIAL ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2016 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 1A DIAL ROAD has not materially changed since February 2016.

How Large is 1A DIAL ROAD?

1A DIAL ROAD is 120m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 1A DIAL ROAD lies on this distribution: 53% of detached houses houses are smaller than 1A DIAL ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1A DIAL ROAD: Plot and Title Map

1A DIAL ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 1A DIAL 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 1A DIAL 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 1A DIAL ROAD?

1A DIAL ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 1A on DIAL ROAD.