38, THE GOLDINGS, GILLINGHAM, ME8 0AX - £485,000

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.

38 THE GOLDINGS is a small extended detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £564,675. It was last sold for £485,000 in June 2021, which was around 5% above the average June 2021 detached price in the Medway local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

38 THE GOLDINGS Sold Prices

Land registry data shows three sales for 38 THE GOLDINGS 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 THE GOLDINGS 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
2021 4 JUN	£485,000	£462,665	5% above HPI
2015 15 OCT	£375,000	£352,964	6% above HPI
2007 24 MAY	£305,000	£272,662	12% above HPI

38 THE GOLDINGS 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 THE GOLDINGS sales between May 2007 and June 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 October 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 38 THE GOLDINGS be worth now?

38 THE GOLDINGS might now be worth an estimated £564,675.

This is based on house price inflation of 16.4%, between June 2021 and February 2025, 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 16.4% inflationary increase is applied to the most recent sale price for 38 THE GOLDINGS of £485,000 on 4th June 2021. For the value to have increased from £485,000 to £564,675 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 38 THE GOLDINGS has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2021 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 38 THE GOLDINGS has not materially changed since June 2021.

How Large is 38 THE GOLDINGS?

38 THE GOLDINGS is 105m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 38 THE GOLDINGS lies on this distribution: 36% of detached houses houses are smaller than 38 THE GOLDINGS, and 63% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

38 THE GOLDINGS: Plot and Title Map

38 THE GOLDINGS sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 38 THE GOLDINGS, 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 THE GOLDINGS). 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 THE GOLDINGS?

38 THE GOLDINGS is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 38 on THE GOLDINGS.