34, CEDAR GROVE, HEMPSTEAD, GILLINGHAM, ME7 3QT - £380,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

34 CEDAR GROVE is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £380,000 in March 2021, which was around 15% below the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

34 CEDAR GROVE Sold Prices

Land registry data shows two sales for 34 CEDAR GROVE 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 34 CEDAR GROVE 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
2021 31 MAR	£380,000	£444,521	15% below HPI
1996 5 JAN	£89,000	£83,574	6% above HPI

34 CEDAR GROVE 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 34 CEDAR GROVE sales from January 1996 and March 2021 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 January 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 34 CEDAR GROVE?

34 CEDAR GROVE is 96m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 34 CEDAR GROVE lies on this distribution: 27% of detached houses are smaller than 34 CEDAR GROVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

34 CEDAR GROVE: Plot and Title Map

34 CEDAR GROVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 34 CEDAR GROVE, 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 34 CEDAR GROVE). 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 34 CEDAR GROVE?

34 CEDAR GROVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 34 on CEDAR GROVE.