27, SPEKES ROAD, HEMPSTEAD, GILLINGHAM, ME7 3RS - £467,000

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.

27 SPEKES ROAD is a large extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £742,863. It was last sold for £467,000 in July 2015, which was around 38% above the average July 2015 detached price in the Medway local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was C.

27 SPEKES ROAD Sold Prices

Land registry data shows two sales for 27 SPEKES 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. Both of the two 27 SPEKES ROAD sales were for above 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
2015 7 JUL	£467,000	£338,635	38% above HPI
2003 12 DEC	£360,000	£240,160	50% above HPI

27 SPEKES 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 27 SPEKES ROAD sales from December 2003 and July 2015 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 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2015 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 27 SPEKES ROAD be worth now?

27 SPEKES ROAD might now be worth an estimated £742,863.

This is based on house price inflation of 59.1%, between July 2015 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 59.1% inflationary increase is applied to the most recent sale price for 27 SPEKES ROAD of £467,000 on 7th July 2015. For the value to have increased from £467,000 to £742,863 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 27 SPEKES ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2015 sale price of £467,000 represented a fair market value for the property.
• The size, condition, and specification of 27 SPEKES ROAD has not materially changed since July 2015.

How Large is 27 SPEKES ROAD?

27 SPEKES ROAD is 133m², which includes one extension, according to the EPC inspection conducted in June 2024. 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 27 SPEKES ROAD lies on this distribution: 66% of detached houses houses are smaller than 27 SPEKES ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

27 SPEKES ROAD: Plot and Title Map

27 SPEKES ROAD sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 27 SPEKES 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 27 SPEKES 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 27 SPEKES ROAD?

27 SPEKES ROAD is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 27 on SPEKES ROAD.