31, NELSON ROAD, GILLINGHAM, ME7 4LR - £310,000

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

31 NELSON ROAD is a large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £310,000 in November 2019, which was around 27% below the average November 2019 detached price in the Medway local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

31 NELSON ROAD Sold Prices

Land registry data shows two sales for 31 NELSON 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 31 NELSON ROAD 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
2019 6 NOV	£310,000	£424,663	27% below HPI
2008 25 JUL	£178,000	£270,147	34% below HPI

31 NELSON 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 31 NELSON ROAD sales from July 2008 and November 2019 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 July 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 31 NELSON ROAD?

31 NELSON ROAD is 135m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 31 NELSON ROAD lies on this distribution: 67% of detached houses are smaller than 31 NELSON ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

31 NELSON ROAD: Plot and Title Map

31 NELSON ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 31 NELSON 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 31 NELSON 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 31 NELSON ROAD?

31 NELSON ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 31 on NELSON ROAD.