286, LOWER WOODLANDS ROAD, GILLINGHAM, ME7 2TR - £340,000

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

286 LOWER WOODLANDS ROAD is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £340,000 in May 2023, which was around 33% below the average May 2023 detached price in the Medway local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

286 LOWER WOODLANDS ROAD Sold Prices

Land registry data shows four sales for 286 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 286 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
2023 26 MAY	£340,000	£507,988	33% below HPI
2014 21 FEB	£160,000	£280,877	43% below HPI
1999 10 MAY	£65,500	£110,429	41% below HPI
1998 16 JUL	£29,000	£103,119	72% below HPI

286 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 286 LOWER WOODLANDS ROAD sales between July 1998 and May 2023 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 February 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 286 LOWER WOODLANDS ROAD?

286 LOWER WOODLANDS ROAD is 89m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 286 LOWER WOODLANDS ROAD lies on this distribution: 20% of detached houses are smaller than 286 LOWER WOODLANDS ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

286 LOWER WOODLANDS ROAD: Plot and Title Map

286 LOWER WOODLANDS ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 286 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 286 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 286 LOWER WOODLANDS ROAD?

286 LOWER WOODLANDS ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 286 on LOWER WOODLANDS ROAD.