53, CHERRY TREE ROAD, RAINHAM, GILLINGHAM, ME8 8JY - £430,000

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

53 CHERRY TREE ROAD is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £430,000 in July 2017, which was around 3% above the average July 2017 detached price in the Medway local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

53 CHERRY TREE ROAD Sold Prices

Land registry data shows two sales for 53 CHERRY TREE ROAD 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. One of the two 53 CHERRY TREE ROAD sales was for above the average price, whilst the other was 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
2017 13 JUL	£430,000	£415,813	3% above HPI
2002 10 SEP	£170,000	£199,490	15% below HPI

53 CHERRY TREE ROAD 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 53 CHERRY TREE ROAD sales from September 2002 and July 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 September 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 53 CHERRY TREE ROAD?

53 CHERRY TREE ROAD is 85m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 53 CHERRY TREE ROAD lies on this distribution: 17% of detached houses are smaller than 53 CHERRY TREE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

53 CHERRY TREE ROAD: Plot and Title Map

53 CHERRY TREE ROAD sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 53 CHERRY TREE ROAD, 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 53 CHERRY TREE ROAD). 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 53 CHERRY TREE ROAD?

53 CHERRY TREE ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 53 on CHERRY TREE ROAD.