245, HEMPSTEAD ROAD, HEMPSTEAD, GILLINGHAM, ME7 3QH - £685,000

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.

245 HEMPSTEAD ROAD is a very large extended detached house of 234m², built sometime before 1900, which could now be worth an estimated £1,077,789. It was last sold for £685,000 in August 2015, which was around 100% above the average August 2015 detached price in the Medway local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

245 HEMPSTEAD ROAD Sold Prices

Land registry data shows two sales for 245 HEMPSTEAD 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 245 HEMPSTEAD ROAD 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
2015 19 AUG	£685,000	£342,358	100% above HPI
2003 7 AUG	£249,999	£233,328	7% above HPI

245 HEMPSTEAD 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 245 HEMPSTEAD ROAD sales from August 2003 and August 2015 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 August 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2015 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 245 HEMPSTEAD ROAD be worth now?

245 HEMPSTEAD ROAD might now be worth an estimated £1,077,789.

This is based on house price inflation of 57.3%, between August 2015 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 57.3% inflationary increase is applied to the most recent sale price for 245 HEMPSTEAD ROAD of £685,000 on 19th August 2015. For the value to have increased from £685,000 to £1,077,789 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 245 HEMPSTEAD ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2015 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 245 HEMPSTEAD ROAD has not materially changed since August 2015.

How Large is 245 HEMPSTEAD ROAD?

245 HEMPSTEAD ROAD is 234m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 10% 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 245 HEMPSTEAD ROAD lies on this distribution: 96% of detached houses houses are smaller than 245 HEMPSTEAD ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

245 HEMPSTEAD ROAD: Plot and Title Map

245 HEMPSTEAD ROAD sits on a plot of roughly 0.250 of an acre, or 1,013m². The below map shows the location of 245 HEMPSTEAD 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 245 HEMPSTEAD 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 245 HEMPSTEAD ROAD?

245 HEMPSTEAD ROAD is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 245 on HEMPSTEAD ROAD.