48, ASQUITH ROAD, GILLINGHAM, ME8 0JD - £760,000

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.

48 ASQUITH ROAD is a very large extended detached house of 227m², built sometime between 2003 and 2006, which could now be worth an estimated £889,410. It was last sold for £760,000 in January 2021, which was around 65% above the average January 2021 detached price in the Medway local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

48 ASQUITH ROAD Sold Prices

Land registry data shows four sales for 48 ASQUITH 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 48 ASQUITH ROAD sales were 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
2021 27 JAN	£760,000	£460,294	65% above HPI
2016 15 JUL	£640,500	£399,087	60% above HPI
2006 2 MAY	£425,000	£256,144	66% above HPI
2004 28 JUN	£395,000	£244,874	61% above HPI

48 ASQUITH 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 48 ASQUITH ROAD sales between June 2004 and January 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 July 2016 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the January 2021 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 48 ASQUITH ROAD be worth now?

48 ASQUITH ROAD might now be worth an estimated £889,410.

This is based on house price inflation of 17%, between January 2021 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 17% inflationary increase is applied to the most recent sale price for 48 ASQUITH ROAD of £760,000 on 27th January 2021. For the value to have increased from £760,000 to £889,410 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 48 ASQUITH ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2021 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of 48 ASQUITH ROAD has not materially changed since January 2021.

How Large is 48 ASQUITH ROAD?

48 ASQUITH ROAD is 227m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 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 48 ASQUITH ROAD lies on this distribution: 96% of detached houses houses are smaller than 48 ASQUITH ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

48 ASQUITH ROAD: Plot and Title Map

48 ASQUITH ROAD sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 48 ASQUITH 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 48 ASQUITH 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 48 ASQUITH ROAD?

48 ASQUITH ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 48 on ASQUITH ROAD.