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

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.

4 CONRAD CLOSE is a very small detached house of 49m², built sometime between 1950 and 1966, which could now be worth an estimated £330,536. It was last sold for £164,500 in March 2013, which was around 39% 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	£268,084	39% below HPI
2006 31 JUL	£153,995	£260,493	41% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2013 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 4 CONRAD CLOSE be worth now?

4 CONRAD CLOSE might now be worth an estimated £330,536.

This is based on house price inflation of 100.9%, between March 2013 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 100.9% inflationary increase is applied to the most recent sale price for 4 CONRAD CLOSE of £164,500 on 28th March 2013. For the value to have increased from £164,500 to £330,536 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 4 CONRAD CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2013 sale price of £164,500 represented a fair market value for the property.
• The size, condition, and specification of 4 CONRAD CLOSE has not materially changed since March 2013.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 4 CONRAD CLOSE lies on this distribution: 1% of detached houses 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.