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

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 SPEKES ROAD is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £467,000 in July 2015, which was around 42% 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	£329,730	42% above HPI
2003 12 DEC	£360,000	£233,845	54% 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2015 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

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 in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 27 SPEKES ROAD lies on this distribution: 66% of detached 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.