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

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.

42 PINE GROVE is a small detached house of 89m², which could now be worth an estimated £432,187. It was last sold for £247,500 in July 2014, which was around 20% 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	£308,480	20% below HPI
2010 2 AUG	£249,995	£263,178	5% below HPI
2007 17 DEC	£245,000	£289,665	15% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 42 PINE GROVE be worth now?

42 PINE GROVE might now be worth an estimated £432,187.

This is based on house price inflation of 74.6%, between July 2014 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 74.6% inflationary increase is applied to the most recent sale price for 42 PINE GROVE of £247,500 on 3rd July 2014. For the value to have increased from £247,500 to £432,187 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 42 PINE GROVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2014 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 42 PINE GROVE has not materially changed since July 2014.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 42 PINE GROVE lies on this distribution: 20% of detached houses 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.