2A, GEORGIAN WAY, GILLINGHAM, ME8 0QY - £635,000

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

2A GEORGIAN WAY is a very large extended detached house of 169m², built sometime between 1976 and 1982. It was last sold for £635,000 in July 2021, which was around 41% above the average July 2021 detached price in the Medway local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2A GEORGIAN WAY Sold Prices

Land registry data shows two sales for 2A GEORGIAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 2A GEORGIAN WAY sales were for above 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
2021 26 JUL	£635,000	£450,790	41% above HPI
1999 25 JAN	£135,000	£107,903	25% above HPI

2A GEORGIAN WAY 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 two 2A GEORGIAN WAY sales from January 1999 and July 2021 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 January 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 2A GEORGIAN WAY?

2A GEORGIAN WAY is 169m², which includes four extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 2A GEORGIAN WAY lies on this distribution: 84% of detached houses are smaller than 2A GEORGIAN WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2A GEORGIAN WAY: Plot and Title Map

2A GEORGIAN WAY sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 2A GEORGIAN WAY, 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 GEORGIAN WAY). 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 GEORGIAN WAY?

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