40, PINE GROVE, HEMPSTEAD, GILLINGHAM, ME7 3QP - £418,000

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

40 PINE GROVE is a small detached house of 104m², built sometime between 1967 and 1975. It was last sold for £418,000 in June 2019, which was around 1% below the average June 2019 detached price in the Medway local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

40 PINE GROVE Sold Prices

Land registry data shows three sales for 40 PINE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Two of the three 40 PINE GROVE sales were for below the average price, whilst one was for above 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
2019 11 JUN	£418,000	£424,180	1% below HPI
2006 20 OCT	£260,000	£261,446	1% below HPI
1998 11 JUN	£124,000	£102,188	21% above HPI

40 PINE 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 three 40 PINE GROVE sales between June 1998 and June 2019 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 October 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2019 sale, which was also at 1% below the HPI.

How Large is 40 PINE GROVE?

40 PINE GROVE is 104m² according to the EPC inspection conducted in April 2019. 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 40 PINE GROVE lies on this distribution: 35% of detached houses are smaller than 40 PINE GROVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

40 PINE GROVE: Plot and Title Map

40 PINE GROVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 40 PINE 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 40 PINE 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 40 PINE GROVE?

40 PINE GROVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 40 on PINE GROVE.