41, OXFORD ROAD, GILLINGHAM, ME7 4BW - £450,000

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

41 OXFORD ROAD is a small detached house of 102m², built sometime between 1900 and 1929. It was last sold for £450,000 in September 2021, which was around 3% below the average September 2021 detached price in the Medway local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

41 OXFORD ROAD Sold Prices

Land registry data shows four sales for 41 OXFORD ROAD 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 41 OXFORD ROAD 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
2021 30 SEP	£450,000	£463,458	3% below HPI
2019 18 JAN	£300,000	£431,259	30% below HPI
2007 27 JUL	£240,000	£271,564	12% below HPI
2003 11 MAR	£190,000	£216,030	12% below HPI

41 OXFORD ROAD 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 41 OXFORD ROAD sales between March 2003 and September 2021 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 January 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 41 OXFORD ROAD?

41 OXFORD ROAD is 102m² according to the EPC inspection conducted in June 2021. 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 41 OXFORD ROAD lies on this distribution: 33% of detached houses are smaller than 41 OXFORD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

41 OXFORD ROAD: Plot and Title Map

41 OXFORD ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 41 OXFORD ROAD, 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 41 OXFORD ROAD). 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 41 OXFORD ROAD?

41 OXFORD ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 41 on OXFORD ROAD.