53, HEMPSTEAD ROAD, HEMPSTEAD, GILLINGHAM, ME7 3RF - £233,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

53 HEMPSTEAD ROAD is a midsized detached house of 115m², built sometime between 1967 and 1975. It was last sold for £233,000 in February 2004, which was around 2% below the average February 2004 detached price in the Medway local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

53 HEMPSTEAD ROAD Sold Prices

Land registry data shows two sales for 53 HEMPSTEAD 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. Both of the two 53 HEMPSTEAD ROAD 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
2004 20 FEB	£233,000	£236,566	2% below HPI
2002 16 APR	£165,000	£175,436	6% below HPI

53 HEMPSTEAD 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 HEMPSTEAD ROAD sales from April 2002 and February 2004 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 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2004 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 53 HEMPSTEAD ROAD?

53 HEMPSTEAD ROAD is 115m² according to the EPC inspection conducted in February 2017. 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 53 HEMPSTEAD ROAD lies on this distribution: 47% of detached houses are smaller than 53 HEMPSTEAD ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

53 HEMPSTEAD ROAD: Plot and Title Map

53 HEMPSTEAD ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 53 HEMPSTEAD 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 HEMPSTEAD 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 HEMPSTEAD ROAD?

53 HEMPSTEAD ROAD is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 53 on HEMPSTEAD ROAD.