38, LOMBARDY CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3SQ - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 LOMBARDY CLOSE is a very large extended detached house of 178m², built sometime between 1976 and 1982. It was last sold for £375,000 in November 2012, which was around 46% above the average November 2012 detached price in the Medway local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

38 LOMBARDY CLOSE Sold Prices

Land registry data shows three sales for 38 LOMBARDY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 38 LOMBARDY CLOSE 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
2012 30 NOV	£375,000	£256,926	46% above HPI
2001 18 JUN	£230,000	£153,503	50% above HPI
1999 26 MAR	£195,000	£107,687	81% above HPI

38 LOMBARDY CLOSE 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 three 38 LOMBARDY CLOSE sales between March 1999 and November 2012 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 2001 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2012 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 38 LOMBARDY CLOSE?

38 LOMBARDY CLOSE is 178m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 38 LOMBARDY CLOSE lies on this distribution: 88% of detached houses are smaller than 38 LOMBARDY CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

38 LOMBARDY CLOSE: Plot and Title Map

38 LOMBARDY CLOSE sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of 38 LOMBARDY 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 38 LOMBARDY 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 38 LOMBARDY CLOSE?

38 LOMBARDY CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 38 on LOMBARDY CLOSE.