5, CLERMONT CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3TQ - £835,000

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.

5 CLERMONT CLOSE is a very large detached house of 355m², built sometime between 1983 and 1990, which could now be worth an estimated £1,039,146. It was last sold for £835,000 in August 2017, which was around 93% above the average August 2017 detached price in the Medway local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

5 CLERMONT CLOSE Sold Prices

Land registry data shows three sales for 5 CLERMONT CLOSE 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 5 CLERMONT CLOSE 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
2017 31 AUG	£835,000	£432,846	93% above HPI
1998 26 MAY	£250,000	£104,190	140% above HPI
1996 29 MAR	£300,000	£86,752	246% above HPI

5 CLERMONT CLOSE 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 5 CLERMONT CLOSE sales between March 1996 and August 2017 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 1998 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the August 2017 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 5 CLERMONT CLOSE be worth now?

5 CLERMONT CLOSE might now be worth an estimated £1,039,146.

This is based on house price inflation of 24.4%, between August 2017 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 24.4% inflationary increase is applied to the most recent sale price for 5 CLERMONT CLOSE of £835,000 on 31st August 2017. For the value to have increased from £835,000 to £1,039,146 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 CLERMONT CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2017 sale price of £835,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CLERMONT CLOSE has not materially changed since August 2017.

How Large is 5 CLERMONT CLOSE?

5 CLERMONT CLOSE is 355m² according to the EPC inspection conducted in July 2016. 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 5 CLERMONT CLOSE lies on this distribution: More than 99% of detached houses houses are smaller than 5 CLERMONT CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 CLERMONT CLOSE: Plot and Title Map

5 CLERMONT CLOSE sits on a plot of roughly 0.350 of an acre, or 1,415m². The below map shows the location of 5 CLERMONT CLOSE, 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 5 CLERMONT CLOSE). 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 5 CLERMONT CLOSE?

5 CLERMONT CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 5 on CLERMONT CLOSE.