41, REGENT ROAD, GILLINGHAM, ME7 5JD - £295,000

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.

41 REGENT ROAD is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £333,569. It was last sold for £295,000 in September 2021, which was around 38% below the average September 2021 detached price in the Medway local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

41 REGENT ROAD Sold Prices

Land registry data shows three sales for 41 REGENT ROAD 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. All of the three 41 REGENT 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 29 SEP	£295,000	£475,974	38% below HPI
2020 27 AUG	£210,000	£440,470	52% below HPI
1996 30 APR	£65,000	£85,585	24% below HPI

41 REGENT 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 three 41 REGENT ROAD sales between April 1996 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 August 2020 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 41 REGENT ROAD be worth now?

41 REGENT ROAD might now be worth an estimated £333,569.

This is based on house price inflation of 13.1%, between September 2021 and March 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 13.1% inflationary increase is applied to the most recent sale price for 41 REGENT ROAD of £295,000 on 29th September 2021. For the value to have increased from £295,000 to £333,569 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 41 REGENT ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 41 REGENT ROAD has not materially changed since September 2021.

How Large is 41 REGENT ROAD?

41 REGENT ROAD is 65m² according to the EPC inspection conducted in November 2019. 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 41 REGENT ROAD lies on this distribution: 5% of detached houses houses are smaller than 41 REGENT ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

41 REGENT ROAD: Plot and Title Map

41 REGENT ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 41 REGENT 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 REGENT 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 REGENT ROAD?

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