5, GLENWOOD CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3RP - £415,000

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

5 GLENWOOD CLOSE is a midsized detached house of 114m², built sometime between 1976 and 1982. It was last sold for £415,000 in September 2020, which was around 5% below the average September 2020 detached price in the Medway local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

5 GLENWOOD CLOSE Sold Prices

Land registry data shows three sales for 5 GLENWOOD 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. Two of the three 5 GLENWOOD CLOSE sales were for below the average price, whilst one was 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
2020 18 SEP	£415,000	£435,215	5% below HPI
2009 29 APR	£245,000	£224,124	9% above HPI
1998 21 AUG	£103,000	£104,726	2% below HPI

5 GLENWOOD 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 GLENWOOD CLOSE sales between August 1998 and September 2020 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 April 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 GLENWOOD CLOSE?

5 GLENWOOD CLOSE is 114m² according to the EPC inspection conducted in February 2020. 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 5 GLENWOOD CLOSE lies on this distribution: 46% of detached houses are smaller than 5 GLENWOOD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 GLENWOOD CLOSE: Plot and Title Map

5 GLENWOOD CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5 GLENWOOD 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 GLENWOOD 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 GLENWOOD CLOSE?

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