300, HEMPSTEAD ROAD, HEMPSTEAD, GILLINGHAM, ME7 3QH - £225,000

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.

300 HEMPSTEAD ROAD is a midsized detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £661,022. It was last sold for £225,000 in May 2002, which was around 23% above the average May 2002 detached price in the Medway local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

300 HEMPSTEAD ROAD Sold Prices

Land registry data shows two sales for 300 HEMPSTEAD ROAD 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 300 HEMPSTEAD 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
2002 31 MAY	£225,000	£183,354	23% above HPI
1998 22 MAY	£138,000	£104,190	32% above HPI

300 HEMPSTEAD 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 two 300 HEMPSTEAD ROAD sales from May 1998 and May 2002 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 May 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2002 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 300 HEMPSTEAD ROAD be worth now?

300 HEMPSTEAD ROAD might now be worth an estimated £661,022.

This is based on house price inflation of 193.8%, between May 2002 and February 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 193.8% inflationary increase is applied to the most recent sale price for 300 HEMPSTEAD ROAD of £225,000 on 31st May 2002. For the value to have increased from £225,000 to £661,022 over the 23 years and three months to February 2025, the following assumptions must hold true:

• The value of 300 HEMPSTEAD ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2002 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 300 HEMPSTEAD ROAD has not materially changed since May 2002.

How Large is 300 HEMPSTEAD ROAD?

300 HEMPSTEAD ROAD is 116m² according to the EPC inspection conducted in February 2020. 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 300 HEMPSTEAD ROAD lies on this distribution: 49% of detached houses houses are smaller than 300 HEMPSTEAD ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

300 HEMPSTEAD ROAD: Plot and Title Map

300 HEMPSTEAD ROAD sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 300 HEMPSTEAD 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 300 HEMPSTEAD 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 300 HEMPSTEAD ROAD?

300 HEMPSTEAD ROAD is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 300 on HEMPSTEAD ROAD.