5, FAIRVIEW AVENUE, GILLINGHAM, ME8 0QL - £480,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

5 FAIRVIEW AVENUE is a midsized extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £480,000 in April 2021, which was around 8% above the average April 2021 detached price in the Medway local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

5 FAIRVIEW AVENUE Sold Prices

Land registry data shows five sales for 5 FAIRVIEW AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 5 FAIRVIEW 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
2021 16 APR	£480,000	£443,000	8% above HPI
2016 31 MAR	£423,000	£363,932	16% above HPI
2008 8 FEB	£313,000	£277,104	13% above HPI
2000 26 APR	£165,000	£126,851	30% above HPI
1999 18 FEB	£150,000	£106,513	41% above HPI

5 FAIRVIEW 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 five 5 FAIRVIEW AVENUE sales between February 1999 and April 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 March 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 FAIRVIEW AVENUE?

5 FAIRVIEW AVENUE is 124m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 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 5 FAIRVIEW AVENUE lies on this distribution: 57% of detached houses are smaller than 5 FAIRVIEW AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 FAIRVIEW AVENUE: Plot and Title Map

5 FAIRVIEW AVENUE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 FAIRVIEW 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 5 FAIRVIEW 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 5 FAIRVIEW AVENUE?

5 FAIRVIEW AVENUE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 5 on FAIRVIEW AVENUE.