3, DE MERE CLOSE, GILLINGHAM, ME8 9JY - £630,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 DE MERE CLOSE is a very large extended detached house of 165m², built sometime between 1967 and 1975. It was last sold for £630,000 in January 2023, which was around 19% above the average January 2023 detached price in the Medway local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

3 DE MERE CLOSE Sold Prices

Land registry data shows three sales for 3 DE MERE CLOSE 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. All of the three 3 DE MERE CLOSE 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
2023 12 JAN	£630,000	£529,739	19% above HPI
2001 26 OCT	£213,500	£165,285	29% above HPI
1996 2 JUL	£120,000	£83,450	44% above HPI

3 DE MERE CLOSE 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 3 DE MERE CLOSE sales between July 1996 and January 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 October 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 DE MERE CLOSE?

3 DE MERE CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in August 2022. 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 3 DE MERE CLOSE lies on this distribution: 82% of detached houses are smaller than 3 DE MERE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 DE MERE CLOSE: Plot and Title Map

3 DE MERE CLOSE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 3 DE MERE CLOSE, 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 DE MERE CLOSE). 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 DE MERE CLOSE?

3 DE MERE CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 3 on DE MERE CLOSE.