3, ACADEMY DRIVE, GILLINGHAM, ME7 3EG - £151,500

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.

3 ACADEMY DRIVE is a very small semi-detached house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £300,282. It was last sold for £151,500 in July 2013, which was around 15% below the average July 2013 semi-detached price in the Medway local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

3 ACADEMY DRIVE Sold Prices

Land registry data shows five sales for 3 ACADEMY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the five 3 ACADEMY DRIVE 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
2013 4 JUL	£151,500	£177,394	15% below HPI
2007 28 SEP	£175,000	£187,486	7% below HPI
2004 26 MAR	£129,995	£154,444	16% below HPI
2001 12 DEC	£87,995	£103,567	15% below HPI
1999 5 FEB	£57,000	£66,706	15% below HPI

3 ACADEMY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The five 3 ACADEMY DRIVE sales between February 1999 and July 2013 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 September 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2013 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 ACADEMY DRIVE be worth now?

3 ACADEMY DRIVE might now be worth an estimated £300,282.

This is based on house price inflation of 98.2%, between July 2013 and February 2025, for semi-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 98.2% inflationary increase is applied to the most recent sale price for 3 ACADEMY DRIVE of £151,500 on 4th July 2013. For the value to have increased from £151,500 to £300,282 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 3 ACADEMY DRIVE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2013 sale price of £151,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ACADEMY DRIVE has not materially changed since July 2013.

How Large is 3 ACADEMY DRIVE?

3 ACADEMY DRIVE is 49m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 3 ACADEMY DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 ACADEMY DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 ACADEMY DRIVE: Plot and Title Map

3 ACADEMY DRIVE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 3 ACADEMY DRIVE, 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 3 ACADEMY DRIVE). 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 3 ACADEMY DRIVE?

3 ACADEMY DRIVE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 3 on ACADEMY DRIVE.