2, COPPERGATE, HEMPSTEAD, GILLINGHAM, ME7 3QN - £475,000

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

2 COPPERGATE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £475,000 in December 2021, which was around 2% below the average December 2021 detached price in the Medway local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 COPPERGATE Sold Prices

Land registry data shows four sales for 2 COPPERGATE 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. Most of the four 2 COPPERGATE 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
2021 22 DEC	£475,000	£482,904	2% below HPI
2017 6 JUL	£306,000	£415,813	26% below HPI
2016 20 MAY	£305,000	£376,104	19% below HPI
2003 10 JUL	£235,000	£226,264	4% above HPI

2 COPPERGATE 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 2 COPPERGATE sales between July 2003 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 July 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 COPPERGATE?

2 COPPERGATE is 64m² according to the EPC inspection conducted in January 2016. 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 2 COPPERGATE lies on this distribution: 5% of detached houses are smaller than 2 COPPERGATE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 COPPERGATE: Plot and Title Map

2 COPPERGATE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 2 COPPERGATE, 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 2 COPPERGATE). 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 2 COPPERGATE?

2 COPPERGATE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 2 on COPPERGATE.