265, HEMPSTEAD ROAD, HEMPSTEAD, GILLINGHAM, ME7 3QH - £492,500

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.

265 HEMPSTEAD ROAD is a large detached house of 139m², which could now be worth an estimated £643,759. It was last sold for £492,500 in December 2016, which was around 20% above the average December 2016 detached price in the Medway local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was B.

265 HEMPSTEAD ROAD Sold Prices

Land registry data shows two sales for 265 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. One of the two 265 HEMPSTEAD ROAD sales was for above the average price, whilst the other was 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
2016 16 DEC	£492,500	£412,104	20% above HPI
2010 18 JAN	£110,000	£256,239	57% below HPI

265 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 265 HEMPSTEAD ROAD sales from January 2010 and December 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 January 2010 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the December 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 265 HEMPSTEAD ROAD be worth now?

265 HEMPSTEAD ROAD might now be worth an estimated £643,759.

This is based on house price inflation of 30.7%, between December 2016 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 30.7% inflationary increase is applied to the most recent sale price for 265 HEMPSTEAD ROAD of £492,500 on 16th December 2016. For the value to have increased from £492,500 to £643,759 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 265 HEMPSTEAD ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2016 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 265 HEMPSTEAD ROAD has not materially changed since December 2016.

How Large is 265 HEMPSTEAD ROAD?

265 HEMPSTEAD ROAD is 139m² according to the EPC inspection conducted in September 2016. This puts it in the largest 30% 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 265 HEMPSTEAD ROAD lies on this distribution: 70% of detached houses houses are smaller than 265 HEMPSTEAD ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

265 HEMPSTEAD ROAD: Plot and Title Map

265 HEMPSTEAD ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 265 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 265 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 265 HEMPSTEAD ROAD?

265 HEMPSTEAD ROAD is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 265 on HEMPSTEAD ROAD.