3, LAVENDA CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3TB - £530,000

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.

3 LAVENDA CLOSE is a midsized detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £656,274. It was last sold for £530,000 in October 2017, which was around 22% above the average October 2017 detached price in the Medway local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

3 LAVENDA CLOSE Sold Prices

Land registry data shows two sales for 3 LAVENDA CLOSE 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 3 LAVENDA 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
2017 23 OCT	£530,000	£434,648	22% above HPI
2001 12 OCT	£275,000	£169,748	62% above HPI

3 LAVENDA 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 two 3 LAVENDA CLOSE sales from October 2001 and October 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 October 2001 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the October 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 3 LAVENDA CLOSE be worth now?

3 LAVENDA CLOSE might now be worth an estimated £656,274.

This is based on house price inflation of 23.8%, between October 2017 and March 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 23.8% inflationary increase is applied to the most recent sale price for 3 LAVENDA CLOSE of £530,000 on 23rd October 2017. For the value to have increased from £530,000 to £656,274 over the eight years and seven months to March 2025, the following assumptions must hold true:

• The value of 3 LAVENDA CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2017 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAVENDA CLOSE has not materially changed since October 2017.

How Large is 3 LAVENDA CLOSE?

3 LAVENDA CLOSE is 123m² according to the EPC inspection conducted in July 2017. This puts it in the largest 50% 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 3 LAVENDA CLOSE lies on this distribution: 55% of detached houses houses are smaller than 3 LAVENDA CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 LAVENDA CLOSE: Plot and Title Map

3 LAVENDA CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 LAVENDA 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 LAVENDA 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 LAVENDA CLOSE?

3 LAVENDA CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 3 on LAVENDA CLOSE.