24, LOMBARDY CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3SQ - £425,000

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.

24 LOMBARDY CLOSE is a small extended terraced house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £446,521. It was last sold for £425,000 in July 2024, which was around 63% above the average July 2024 terraced price in the Medway local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

24 LOMBARDY CLOSE Sold Prices

Land registry data shows three sales for 24 LOMBARDY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the three 24 LOMBARDY CLOSE 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
2024 29 JUL	£425,000	£261,145	63% above HPI
2017 23 OCT	£350,000	£218,084	60% above HPI
2010 22 DEC	£197,000	£134,668	46% above HPI

24 LOMBARDY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The three 24 LOMBARDY CLOSE sales between December 2010 and July 2024 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 October 2017 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2024 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 24 LOMBARDY CLOSE be worth now?

24 LOMBARDY CLOSE might now be worth an estimated £446,521.

This is based on house price inflation of 5.1%, between July 2024 and July 2025, for terraced 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 5.1% inflationary increase is applied to the most recent sale price for 24 LOMBARDY CLOSE of £425,000 on 29th July 2024. For the value to have increased from £425,000 to £446,521 over the one year to July 2025, the following assumptions must hold true:

• The value of 24 LOMBARDY CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The July 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LOMBARDY CLOSE has not materially changed since July 2024.

How Large is 24 LOMBARDY CLOSE?

24 LOMBARDY CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 24 LOMBARDY CLOSE lies on this distribution: 29% of terraced houses houses are smaller than 24 LOMBARDY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

24 LOMBARDY CLOSE: Plot and Title Map

24 LOMBARDY CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 24 LOMBARDY CLOSE, 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 24 LOMBARDY CLOSE). 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 24 LOMBARDY CLOSE?

24 LOMBARDY CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 24 on LOMBARDY CLOSE.