24A, HOATH LANE, GILLINGHAM, ME8 0SW - £245,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

24A HOATH LANE is a midsized detached house of 120m², built sometime from 2007 onwards. It was last sold for £245,000 in February 2008, which was around 12% below the average February 2008 detached price in the Medway local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

24A HOATH LANE Sold Prices

Land registry data shows two sales for 24A HOATH LANE 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 24A HOATH LANE 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
2008 25 FEB	£245,000	£277,104	12% below HPI
2006 24 NOV	£230,000	£261,847	12% below HPI

24A HOATH LANE 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 24A HOATH LANE sales from November 2006 and February 2008 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 November 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2008 sale, which was also at 12% below the HPI.

How Large is 24A HOATH LANE?

24A HOATH LANE is 120m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 24A HOATH LANE lies on this distribution: 53% of detached houses are smaller than 24A HOATH LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

24A HOATH LANE: Plot and Title Map

24A HOATH LANE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 24A HOATH LANE, 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 24A HOATH LANE). 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 24A HOATH LANE?

24A HOATH LANE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 24A on HOATH LANE.