280, LOWER WOODLANDS ROAD, GILLINGHAM, ME7 2TR - £190,000

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.

280 LOWER WOODLANDS ROAD is a very small extended detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £354,495. It was last sold for £190,000 in February 2014, which was around 34% below the average February 2014 detached price in the Medway local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

280 LOWER WOODLANDS ROAD Sold Prices

Land registry data shows four sales for 280 LOWER WOODLANDS ROAD 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 280 LOWER WOODLANDS ROAD 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
2014 28 FEB	£190,000	£288,463	34% below HPI
2013 17 JUN	£180,000	£271,876	34% below HPI
2002 16 DEC	£139,000	£217,466	36% below HPI
1997 4 JUL	£55,500	£94,846	41% below HPI

280 LOWER WOODLANDS 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 four 280 LOWER WOODLANDS ROAD sales between July 1997 and February 2014 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 June 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2014 sale, which was also at 34% below the HPI.

What might 280 LOWER WOODLANDS ROAD be worth now?

280 LOWER WOODLANDS ROAD might now be worth an estimated £354,495.

This is based on house price inflation of 86.6%, between February 2014 and March 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 86.6% inflationary increase is applied to the most recent sale price for 280 LOWER WOODLANDS ROAD of £190,000 on 28th February 2014. For the value to have increased from £190,000 to £354,495 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of 280 LOWER WOODLANDS ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 280 LOWER WOODLANDS ROAD has not materially changed since February 2014.

How Large is 280 LOWER WOODLANDS ROAD?

280 LOWER WOODLANDS ROAD is 68m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% 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 280 LOWER WOODLANDS ROAD lies on this distribution: 7% of detached houses houses are smaller than 280 LOWER WOODLANDS ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

280 LOWER WOODLANDS ROAD: Plot and Title Map

280 LOWER WOODLANDS ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 280 LOWER WOODLANDS 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 280 LOWER WOODLANDS 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 280 LOWER WOODLANDS ROAD?

280 LOWER WOODLANDS ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 280 on LOWER WOODLANDS ROAD.