28, FAIRFAX CLOSE, GILLINGHAM, ME8 9SZ - £159,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 FAIRFAX CLOSE is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £159,000 in July 2011, which was around 38% below the average July 2011 detached price in the Medway local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

28 FAIRFAX CLOSE Sold Prices

Land registry data shows four sales for 28 FAIRFAX CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 28 FAIRFAX CLOSE 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
2011 8 JUL	£159,000	£256,416	38% below HPI
2008 3 NOV	£140,000	£247,695	43% below HPI
2000 5 SEP	£115,950	£144,025	19% below HPI
1997 27 MAR	£56,000	£89,198	37% below HPI

28 FAIRFAX CLOSE 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 four 28 FAIRFAX CLOSE sales between March 1997 and July 2011 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 November 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2011 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 28 FAIRFAX CLOSE?

28 FAIRFAX CLOSE is 58m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 28 FAIRFAX CLOSE lies on this distribution: 3% of detached houses are smaller than 28 FAIRFAX CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

28 FAIRFAX CLOSE: Plot and Title Map

28 FAIRFAX CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 28 FAIRFAX CLOSE, 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 28 FAIRFAX CLOSE). 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 28 FAIRFAX CLOSE?

28 FAIRFAX CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 28 on FAIRFAX CLOSE.