26, LOVELACE CLOSE, GILLINGHAM, ME8 9QN - £224,995

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.

26 LOVELACE CLOSE is a small detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £460,518. It was last sold for £224,995 in August 2010, which was around 15% below the average August 2010 detached price in the Medway local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

26 LOVELACE CLOSE Sold Prices

Land registry data shows two sales for 26 LOVELACE CLOSE 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 26 LOVELACE CLOSE 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
2010 10 AUG	£224,995	£263,178	15% below HPI
2002 17 JUN	£156,500	£188,463	17% below HPI

26 LOVELACE CLOSE 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 26 LOVELACE CLOSE sales from June 2002 and August 2010 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 June 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2010 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 26 LOVELACE CLOSE be worth now?

26 LOVELACE CLOSE might now be worth an estimated £460,518.

This is based on house price inflation of 104.7%, between August 2010 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 104.7% inflationary increase is applied to the most recent sale price for 26 LOVELACE CLOSE of £224,995 on 10th August 2010. For the value to have increased from £224,995 to £460,518 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 26 LOVELACE CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2010 sale price of £224,995 represented a fair market value for the property.
• The size, condition, and specification of 26 LOVELACE CLOSE has not materially changed since August 2010.

How Large is 26 LOVELACE CLOSE?

26 LOVELACE CLOSE is 106m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% 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 26 LOVELACE CLOSE lies on this distribution: 38% of detached houses houses are smaller than 26 LOVELACE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

26 LOVELACE CLOSE: Plot and Title Map

26 LOVELACE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 26 LOVELACE 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 26 LOVELACE 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 26 LOVELACE CLOSE?

26 LOVELACE CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 26 on LOVELACE CLOSE.