39, SPRINGVALE, GILLINGHAM, ME8 0JG - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

39 SPRINGVALE is a very large detached house of 168m², built sometime between 2003 and 2006. It was last sold for £440,000 in September 2010, which was around 67% above the average September 2010 detached price in the Medway local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

39 SPRINGVALE Sold Prices

Land registry data shows two sales for 39 SPRINGVALE 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 39 SPRINGVALE sales was for above the average price, whilst the other was for below 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
2010 30 SEP	£440,000	£263,018	67% above HPI
1995 31 MAY	£73,000	£81,793	11% below HPI

39 SPRINGVALE 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 39 SPRINGVALE sales from May 1995 and September 2010 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 May 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2010 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 39 SPRINGVALE?

39 SPRINGVALE is 168m² according to the EPC inspection conducted in January 2010. 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 39 SPRINGVALE lies on this distribution: 84% of detached houses are smaller than 39 SPRINGVALE, and 16% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

39 SPRINGVALE: Plot and Title Map

39 SPRINGVALE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 39 SPRINGVALE, 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 39 SPRINGVALE). 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 39 SPRINGVALE?

39 SPRINGVALE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 39 on SPRINGVALE.