34, THRALE WAY, GILLINGHAM, ME8 9LX - £187,500

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

34 THRALE WAY is a small semi-detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £414,608. It was last sold for £187,500 in August 2009, which was around 19% above the average August 2009 semi-detached price in the Medway local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

34 THRALE WAY Sold Prices

Land registry data shows two sales for 34 THRALE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 34 THRALE WAY 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
2009 5 AUG	£187,500	£157,585	19% above HPI
2008 26 SEP	£194,000	£173,468	12% above HPI

34 THRALE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 34 THRALE WAY sales from September 2008 and August 2009 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 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2009 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 34 THRALE WAY be worth now?

34 THRALE WAY might now be worth an estimated £414,608.

This is based on house price inflation of 121.1%, between August 2009 and December 2024, for semi-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 121.1% inflationary increase is applied to the most recent sale price for 34 THRALE WAY of £187,500 on 5th August 2009. For the value to have increased from £187,500 to £414,608 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 34 THRALE WAY has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The August 2009 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 34 THRALE WAY has not materially changed since August 2009.

How Large is 34 THRALE WAY?

34 THRALE WAY is 92m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 34 THRALE WAY lies on this distribution: 24% of semi-detached houses houses are smaller than 34 THRALE WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

34 THRALE WAY: Plot and Title Map

34 THRALE WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 34 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 34 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 34 THRALE WAY?

34 THRALE WAY is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 34 on THRALE WAY.