48, PINE GROVE, HEMPSTEAD, GILLINGHAM, ME7 3QP - £102,000

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

48 PINE GROVE is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £102,000 in September 1999, which was around 12% below the average September 1999 detached price in the Medway local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

48 PINE GROVE Sold Prices

Land registry data shows two sales for 48 PINE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 48 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
1999 24 SEP	£102,000	£116,106	12% below HPI
1995 8 DEC	£65,500	£81,100	19% below HPI

48 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 two 48 PINE GROVE sales from December 1995 and September 1999 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 December 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 1999 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 48 PINE GROVE?

48 PINE GROVE is 88m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 48 PINE GROVE lies on this distribution: 19% of detached houses are smaller than 48 PINE GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

48 PINE GROVE: Plot and Title Map

48 PINE GROVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 48 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 48 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 48 PINE GROVE?

48 PINE GROVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 48 on PINE GROVE.