33, THRALE WAY, GILLINGHAM, ME8 9LX - £331,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

33 THRALE WAY is a large extended detached house of 159m², built sometime between 1983 and 1990, which could now be worth an estimated £514,932. It was last sold for £331,000 in August 2015, which was around 3% below the average August 2015 detached price in the Medway local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

33 THRALE WAY Sold Prices

Land registry data shows two sales for 33 THRALE WAY 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. One of the two 33 THRALE WAY sales was for below the average price, whilst the other was 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
2015 14 AUG	£331,000	£342,358	3% below HPI
1997 27 JUN	£97,000	£94,109	3% above HPI

33 THRALE WAY 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 33 THRALE WAY sales from June 1997 and August 2015 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 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 33 THRALE WAY be worth now?

33 THRALE WAY might now be worth an estimated £514,932.

This is based on house price inflation of 55.6%, between August 2015 and December 2024, 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 55.6% inflationary increase is applied to the most recent sale price for 33 THRALE WAY of £331,000 on 14th August 2015. For the value to have increased from £331,000 to £514,932 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 33 THRALE WAY has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2015 sale price of £331,000 represented a fair market value for the property.
• The size, condition, and specification of 33 THRALE WAY has not materially changed since August 2015.

How Large is 33 THRALE WAY?

33 THRALE WAY is 159m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 20% 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 33 THRALE WAY lies on this distribution: 80% of detached houses houses are smaller than 33 THRALE WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

33 THRALE WAY: Plot and Title Map

33 THRALE WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 33 THRALE WAY, 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 33 THRALE WAY). 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 33 THRALE WAY?

33 THRALE WAY is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 33 on THRALE WAY.