42, PINE GROVE, HEMPSTEAD, GILLINGHAM, ME7 3QP - £247,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

42 PINE GROVE is a small detached house of 89m². It was last sold for £247,500 in July 2014, which was around 18% below the average July 2014 detached price in the Medway local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

42 PINE GROVE Sold Prices

Land registry data shows three sales for 42 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. All of the three 42 PINE GROVE 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
2014 3 JUL	£247,500	£300,368	18% below HPI
2010 2 AUG	£249,995	£256,258	2% below HPI
2007 17 DEC	£245,000	£282,048	13% below HPI

42 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 42 PINE GROVE sales between December 2007 and July 2014 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 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 42 PINE GROVE?

42 PINE GROVE is 89m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 42 PINE GROVE lies on this distribution: 20% of detached houses are smaller than 42 PINE GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

42 PINE GROVE: Plot and Title Map

42 PINE GROVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 42 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 42 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 42 PINE GROVE?

42 PINE GROVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 42 on PINE GROVE.