5, THE MAILYNS, GILLINGHAM, ME8 0DZ - £243,000

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 THE MAILYNS is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £243,000 in November 2013, which was around 12% below the average November 2013 detached price in the Medway local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

5 THE MAILYNS Sold Prices

Land registry data shows four sales for 5 THE MAILYNS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 5 THE MAILYNS sales were for below 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
2013 29 NOV	£243,000	£276,316	12% below HPI
2008 16 DEC	£200,000	£239,098	16% below HPI
2004 16 AUG	£185,000	£248,702	26% below HPI
2000 24 MAR	£108,000	£124,469	13% below HPI

5 THE MAILYNS 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 four 5 THE MAILYNS sales between March 2000 and November 2013 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 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 THE MAILYNS?

5 THE MAILYNS is 59m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 THE MAILYNS lies on this distribution: 3% of detached houses are smaller than 5 THE MAILYNS, and 97% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 THE MAILYNS: Plot and Title Map

5 THE MAILYNS sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 5 THE MAILYNS, 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 THE MAILYNS). 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 THE MAILYNS?

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