2A, CAMBRIDGE ROAD, GILLINGHAM, ME8 0JE - £312,000

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.

2A CAMBRIDGE ROAD is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £380,380. It was last sold for £312,000 in June 2018, which was around 29% below the average June 2018 detached price in the Medway local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

2A CAMBRIDGE ROAD Sold Prices

Land registry data shows five sales for 2A CAMBRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 2A CAMBRIDGE 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
2018 29 JUN	£312,000	£441,835	29% below HPI
2005 18 FEB	£215,000	£253,734	15% below HPI
2001 25 MAY	£148,000	£155,948	5% below HPI
2000 26 APR	£120,000	£130,277	8% below HPI
1996 8 NOV	£84,500	£89,558	6% below HPI

2A CAMBRIDGE 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 five 2A CAMBRIDGE ROAD sales between November 1996 and June 2018 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2A CAMBRIDGE ROAD be worth now?

2A CAMBRIDGE ROAD might now be worth an estimated £380,380.

This is based on house price inflation of 21.9%, between June 2018 and February 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 21.9% inflationary increase is applied to the most recent sale price for 2A CAMBRIDGE ROAD of £312,000 on 29th June 2018. For the value to have increased from £312,000 to £380,380 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 2A CAMBRIDGE ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2018 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 2A CAMBRIDGE ROAD has not materially changed since June 2018.

How Large is 2A CAMBRIDGE ROAD?

2A CAMBRIDGE ROAD is 87m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% 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 2A CAMBRIDGE ROAD lies on this distribution: 18% of detached houses houses are smaller than 2A CAMBRIDGE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2A CAMBRIDGE ROAD: Plot and Title Map

2A CAMBRIDGE ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2A CAMBRIDGE 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 2A CAMBRIDGE 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 2A CAMBRIDGE ROAD?

2A CAMBRIDGE ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 2A on CAMBRIDGE ROAD.