24, NURSERY ROAD, GILLINGHAM, ME8 0BD - £220,500

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

24 NURSERY ROAD is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £220,500 in November 2013, which was around 20% below the average November 2013 detached price in the Medway local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

24 NURSERY ROAD Sold Prices

Land registry data shows two sales for 24 NURSERY ROAD 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 24 NURSERY 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
2013 22 NOV	£220,500	£276,316	20% below HPI
1999 30 MAR	£97,000	£107,687	10% below HPI

24 NURSERY 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 two 24 NURSERY ROAD sales from March 1999 and November 2013 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 March 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 24 NURSERY ROAD?

24 NURSERY ROAD is 127m², which includes three extensions, according to the EPC inspection conducted in December 2012. This puts it in the largest 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 24 NURSERY ROAD lies on this distribution: 60% of detached houses are smaller than 24 NURSERY ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

24 NURSERY ROAD: Plot and Title Map

24 NURSERY ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 24 NURSERY 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 24 NURSERY 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 24 NURSERY ROAD?

24 NURSERY ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 24 on NURSERY ROAD.