29, HOATH LANE, GILLINGHAM, ME8 0SW - £213,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

29 HOATH LANE is a very small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £213,000 in January 2012, which was around 16% below the average January 2012 detached price in the Medway local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

29 HOATH LANE Sold Prices

Land registry data shows three sales for 29 HOATH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. The three 29 HOATH LANE sales were a mix of below the average price, and roughly equal to 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
2012 10 JAN	£213,000	£254,824	16% below HPI
2007 3 AUG	£200,000	£275,939	28% below HPI
2000 28 APR	£127,000	£126,851	Close to HPI

29 HOATH LANE 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 three 29 HOATH LANE sales between April 2000 and January 2012 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 August 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 29 HOATH LANE?

29 HOATH LANE is 87m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 29 HOATH LANE lies on this distribution: 18% of detached houses are smaller than 29 HOATH LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

29 HOATH LANE: Plot and Title Map

29 HOATH LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 29 HOATH LANE, 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 29 HOATH LANE). 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 29 HOATH LANE?

29 HOATH LANE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 29 on HOATH LANE.