488, MAIDSTONE ROAD, GILLINGHAM, ME8 0HZ - £835,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

488 MAIDSTONE ROAD is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £835,000 in August 2023, which was around 62% above the average August 2023 detached price in the Medway local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was D.

488 MAIDSTONE ROAD Sold Prices

Land registry data shows three sales for 488 MAIDSTONE 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 488 MAIDSTONE 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
2023 4 AUG	£835,000	£515,741	62% above HPI
2018 31 MAY	£535,000	£423,855	26% above HPI
2007 5 JAN	£280,000	£263,491	6% above HPI

488 MAIDSTONE 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 488 MAIDSTONE ROAD sales between January 2007 and August 2023 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 May 2018 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2023 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 488 MAIDSTONE ROAD?

488 MAIDSTONE ROAD is 115m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 488 MAIDSTONE ROAD lies on this distribution: 47% of detached houses are smaller than 488 MAIDSTONE ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

488 MAIDSTONE ROAD: Plot and Title Map

488 MAIDSTONE ROAD sits on a plot of roughly 0.217 of an acre, or 879m². The below map shows the location of 488 MAIDSTONE 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 488 MAIDSTONE 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 488 MAIDSTONE ROAD?

488 MAIDSTONE ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 488 on MAIDSTONE ROAD.