36, ACADEMY DRIVE, GILLINGHAM, ME7 3EJ - £308,000

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.

36 ACADEMY DRIVE is a very small extended semi-detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £375,730. It was last sold for £308,000 in September 2018, which was around 7% above the average September 2018 semi-detached price in the Medway local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

36 ACADEMY DRIVE Sold Prices

Land registry data shows four sales for 36 ACADEMY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the four 36 ACADEMY DRIVE 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
2018 21 SEP	£308,000	£288,224	7% above HPI
2012 26 MAR	£200,000	£167,425	19% above HPI
2004 15 OCT	£196,000	£169,323	16% above HPI
2000 16 JUN	£109,500	£84,475	30% above HPI

36 ACADEMY DRIVE 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 four 36 ACADEMY DRIVE sales between June 2000 and September 2018 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 March 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 36 ACADEMY DRIVE be worth now?

36 ACADEMY DRIVE might now be worth an estimated £375,730.

This is based on house price inflation of 22%, between September 2018 and February 2025, 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 22% inflationary increase is applied to the most recent sale price for 36 ACADEMY DRIVE of £308,000 on 21st September 2018. For the value to have increased from £308,000 to £375,730 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 36 ACADEMY DRIVE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The September 2018 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 36 ACADEMY DRIVE has not materially changed since September 2018.

How Large is 36 ACADEMY DRIVE?

36 ACADEMY DRIVE is 83m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% 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 36 ACADEMY DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 36 ACADEMY DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

36 ACADEMY DRIVE: Plot and Title Map

36 ACADEMY DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 36 ACADEMY DRIVE, 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 36 ACADEMY DRIVE). 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 36 ACADEMY DRIVE?

36 ACADEMY DRIVE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 36 on ACADEMY DRIVE.