4, CEDAR GROVE, HEMPSTEAD, GILLINGHAM, ME7 3QT - £307,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

4 CEDAR GROVE is a small detached house of 101m², built sometime between 1967 and 1975. It was last sold for £307,000 in October 2016, which was around 22% below the average October 2016 detached price in the Medway local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

4 CEDAR GROVE Sold Prices

Land registry data shows four sales for 4 CEDAR GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 4 CEDAR GROVE 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
2016 21 OCT	£307,000	£395,986	22% below HPI
2014 3 SEP	£249,995	£312,003	20% below HPI
2008 7 APR	£218,000	£278,116	22% below HPI
2001 10 APR	£106,000	£149,719	29% below HPI

4 CEDAR GROVE 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 four 4 CEDAR GROVE sales between April 2001 and October 2016 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 CEDAR GROVE?

4 CEDAR GROVE is 101m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% 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 CEDAR GROVE lies on this distribution: 32% of detached houses are smaller than 4 CEDAR GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

4 CEDAR GROVE: Plot and Title Map

4 CEDAR GROVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 4 CEDAR GROVE, 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 CEDAR GROVE). 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 CEDAR GROVE?

4 CEDAR GROVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 4 on CEDAR GROVE.