262, LOWER WOODLANDS ROAD, GILLINGHAM, ME7 2TR - £337,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

262 LOWER WOODLANDS ROAD is a large extended detached house of 133m², built sometime between 1900 and 1929, which could now be worth an estimated £442,001. It was last sold for £337,500 in October 2016, which was around 17% below the average October 2016 detached price in the Medway local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

262 LOWER WOODLANDS ROAD Sold Prices

Land registry data shows three sales for 262 LOWER WOODLANDS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. The three 262 LOWER WOODLANDS ROAD sales were a mix of below the average price, and roughly equal to 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
2016 25 OCT	£337,500	£406,680	17% below HPI
2007 20 DEC	£290,000	£289,665	Close to HPI
2002 12 DEC	£135,000	£217,466	38% below HPI

262 LOWER WOODLANDS 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 three 262 LOWER WOODLANDS ROAD sales between December 2002 and October 2016 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 December 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 262 LOWER WOODLANDS ROAD be worth now?

262 LOWER WOODLANDS ROAD might now be worth an estimated £442,001.

This is based on house price inflation of 31%, between October 2016 and December 2024, 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 31% inflationary increase is applied to the most recent sale price for 262 LOWER WOODLANDS ROAD of £337,500 on 25th October 2016. For the value to have increased from £337,500 to £442,001 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 262 LOWER WOODLANDS ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2016 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 262 LOWER WOODLANDS ROAD has not materially changed since October 2016.

How Large is 262 LOWER WOODLANDS ROAD?

262 LOWER WOODLANDS ROAD is 133m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 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 262 LOWER WOODLANDS ROAD lies on this distribution: 66% of detached houses houses are smaller than 262 LOWER WOODLANDS ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

262 LOWER WOODLANDS ROAD: Plot and Title Map

262 LOWER WOODLANDS ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 262 LOWER WOODLANDS 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 262 LOWER WOODLANDS 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 262 LOWER WOODLANDS ROAD?

262 LOWER WOODLANDS ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 262 on LOWER WOODLANDS ROAD.