27, HOATH LANE, GILLINGHAM, ME8 0SW - £372,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 HOATH LANE is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £372,000 in October 2019, which was around 12% below the average October 2019 detached price in the Medway local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

27 HOATH LANE Sold Prices

Land registry data shows two sales for 27 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 27 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
2019 14 OCT	£372,000	£424,533	12% below HPI
2007 18 SEP	£247,500	£277,365	11% below HPI

27 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 27 HOATH LANE sales from September 2007 and October 2019 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 September 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 27 HOATH LANE?

27 HOATH LANE is 80m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 27 HOATH LANE lies on this distribution: 13% of detached houses are smaller than 27 HOATH LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

27 HOATH LANE: Plot and Title Map

27 HOATH LANE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of 27 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 27 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 27 HOATH LANE?

27 HOATH LANE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 27 on HOATH LANE.