2, WATERS PLACE, HEMPSTEAD, GILLINGHAM, ME7 3PG - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WATERS PLACE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £450,000 in December 2019, which was around 7% above the average December 2019 detached price in the Medway local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

2 WATERS PLACE Sold Prices

Land registry data shows two sales for 2 WATERS PLACE 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. Both of the two 2 WATERS PLACE sales 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
2019 17 DEC	£450,000	£419,349	7% above HPI
2004 30 JAN	£285,000	£235,838	21% above HPI

2 WATERS PLACE 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 2 WATERS PLACE sales from January 2004 and December 2019 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 January 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 WATERS PLACE?

2 WATERS PLACE is 116m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% 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 WATERS PLACE lies on this distribution: 49% of detached houses are smaller than 2 WATERS PLACE, and 50% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 WATERS PLACE: Plot and Title Map

2 WATERS PLACE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 2 WATERS PLACE, 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 WATERS PLACE). 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 WATERS PLACE?

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