3, HERBERT ROAD, GILLINGHAM, ME8 9BZ - £567,000

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

3 HERBERT ROAD is a very large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £567,000 in July 2017, which was around 36% above the average July 2017 detached price in the Medway local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

3 HERBERT ROAD Sold Prices

Land registry data shows three sales for 3 HERBERT ROAD 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 HERBERT ROAD 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
2017 6 JUL	£567,000	£415,813	36% above HPI
2003 13 JUN	£300,000	£225,490	33% above HPI
1996 7 AUG	£109,500	£85,248	28% above HPI

3 HERBERT 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 three 3 HERBERT ROAD sales between August 1996 and July 2017 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 June 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2017 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 3 HERBERT ROAD?

3 HERBERT ROAD is 172m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 HERBERT ROAD lies on this distribution: 85% of detached houses are smaller than 3 HERBERT ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 HERBERT ROAD: Plot and Title Map

3 HERBERT ROAD sits on a plot of roughly 0.216 of an acre, or 876m². The below map shows the location of 3 HERBERT 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 3 HERBERT 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 3 HERBERT ROAD?

3 HERBERT ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 3 on HERBERT ROAD.