4, BOND ROAD, GILLINGHAM, ME8 9JJ - £475,000

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

4 BOND ROAD is a midsized extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £475,000 in June 2022, which was around 6% below the average June 2022 detached price in the Medway local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

4 BOND ROAD Sold Prices

Land registry data shows two sales for 4 BOND ROAD 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. Both of the two 4 BOND ROAD sales were 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
2022 1 JUN	£475,000	£503,884	6% below HPI
2016 21 SEP	£205,000	£395,083	48% below HPI

4 BOND ROAD 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 4 BOND ROAD sales from September 2016 and June 2022 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 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 BOND ROAD?

4 BOND ROAD is 123m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 4 BOND ROAD lies on this distribution: 55% of detached houses are smaller than 4 BOND ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

4 BOND ROAD: Plot and Title Map

4 BOND ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 BOND ROAD, 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 4 BOND ROAD). 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 4 BOND ROAD?

4 BOND ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 4 on BOND ROAD.