4, CONRAD CLOSE, GILLINGHAM, ME8 9SD - £164,500

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 CONRAD CLOSE is a very small detached house of 49m², built sometime between 1950 and 1966. It was last sold for £164,500 in March 2013, which was around 37% below the average March 2013 detached price in the Medway local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

4 CONRAD CLOSE Sold Prices

Land registry data shows two sales for 4 CONRAD CLOSE 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 CONRAD CLOSE 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
2013 28 MAR	£164,500	£261,035	37% below HPI
2006 31 JUL	£153,995	£253,643	39% below HPI

4 CONRAD 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 two 4 CONRAD CLOSE sales from July 2006 and March 2013 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 July 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2013 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 4 CONRAD CLOSE?

4 CONRAD CLOSE is 49m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% 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 CONRAD CLOSE lies on this distribution: 1% of detached houses are smaller than 4 CONRAD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

4 CONRAD CLOSE: Plot and Title Map

4 CONRAD CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 4 CONRAD 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 4 CONRAD 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 4 CONRAD CLOSE?

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