49, PARK AVENUE, GILLINGHAM, ME7 4AQ - £330,000

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

49 PARK AVENUE is a large extended detached house of 145m², built sometime between 1900 and 1929. It was last sold for £330,000 in January 2011, which was around 28% above the average January 2011 detached price in the Medway local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

49 PARK AVENUE Sold Prices

Land registry data shows two sales for 49 PARK AVENUE 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 49 PARK AVENUE 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
2011 14 JAN	£330,000	£256,822	28% above HPI
2007 14 DEC	£360,000	£282,048	28% above HPI

49 PARK AVENUE 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 49 PARK AVENUE sales from December 2007 and January 2011 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 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2011 sale, which was also at 28% above the HPI.

How Large is 49 PARK AVENUE?

49 PARK AVENUE is 145m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 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 49 PARK AVENUE lies on this distribution: 73% of detached houses are smaller than 49 PARK AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

49 PARK AVENUE: Plot and Title Map

49 PARK AVENUE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 49 PARK AVENUE, 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 49 PARK AVENUE). 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 49 PARK AVENUE?

49 PARK AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 49 on PARK AVENUE.