32, BUTTERMERE CLOSE, GILLINGHAM, ME7 2TS - £45,500

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.

32 BUTTERMERE CLOSE is a very small terraced house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £235,308. It was last sold for £45,500 in July 1999, which was around 14% below the average July 1999 terraced price in the Medway local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

32 BUTTERMERE CLOSE Sold Prices

Land registry data shows two sales for 32 BUTTERMERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 32 BUTTERMERE CLOSE 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
1999 9 JUL	£45,500	£53,053	14% below HPI
1997 26 SEP	£42,000	£46,644	10% below HPI

32 BUTTERMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The two 32 BUTTERMERE CLOSE sales from September 1997 and July 1999 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 September 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 1999 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 32 BUTTERMERE CLOSE be worth now?

32 BUTTERMERE CLOSE might now be worth an estimated £235,308.

This is based on house price inflation of 417.2%, between July 1999 and July 2025, for terraced 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 417.2% inflationary increase is applied to the most recent sale price for 32 BUTTERMERE CLOSE of £45,500 on 9th July 1999. For the value to have increased from £45,500 to £235,308 over the 26 years to July 2025, the following assumptions must hold true:

• The value of 32 BUTTERMERE CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The July 1999 sale price of £45,500 represented a fair market value for the property.
• The size, condition, and specification of 32 BUTTERMERE CLOSE has not materially changed since July 1999.

How Large is 32 BUTTERMERE CLOSE?

32 BUTTERMERE CLOSE is 79m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 32 BUTTERMERE CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 32 BUTTERMERE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

32 BUTTERMERE CLOSE: Plot and Title Map

32 BUTTERMERE CLOSE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 32 BUTTERMERE 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 32 BUTTERMERE 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 32 BUTTERMERE CLOSE?

32 BUTTERMERE CLOSE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 32 on BUTTERMERE CLOSE.