40, WOODSIDE, GILLINGHAM, ME8 0PL - £402,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 WOODSIDE is a very small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £518,812. It was last sold for £402,500 in March 2017, which was around 4% below the average March 2017 detached price in the Medway local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

40 WOODSIDE Sold Prices

Land registry data shows two sales for 40 WOODSIDE 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. One of the two 40 WOODSIDE sales was for below the average price, whilst the other 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
2017 17 MAR	£402,500	£417,907	4% below HPI
2000 19 MAY	£139,995	£134,815	4% above HPI

40 WOODSIDE 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 40 WOODSIDE sales from May 2000 and March 2017 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 May 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 40 WOODSIDE be worth now?

40 WOODSIDE might now be worth an estimated £518,812.

This is based on house price inflation of 28.9%, between March 2017 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 28.9% inflationary increase is applied to the most recent sale price for 40 WOODSIDE of £402,500 on 17th March 2017. For the value to have increased from £402,500 to £518,812 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 40 WOODSIDE has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2017 sale price of £402,500 represented a fair market value for the property.
• The size, condition, and specification of 40 WOODSIDE has not materially changed since March 2017.

How Large is 40 WOODSIDE?

40 WOODSIDE is 87m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% 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 40 WOODSIDE lies on this distribution: 18% of detached houses houses are smaller than 40 WOODSIDE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

40 WOODSIDE: Plot and Title Map

40 WOODSIDE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 40 WOODSIDE, 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 WOODSIDE). 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 WOODSIDE?

40 WOODSIDE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 40 on WOODSIDE.