53, HONEY CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3PF - £530,000

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 HONEY CLOSE is a large extended detached house of 137m², built sometime between 1991 and 1995. It was last sold for £530,000 in March 2021, which was around 19% above the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

53 HONEY CLOSE Sold Prices

Land registry data shows four sales for 53 HONEY CLOSE 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 53 HONEY CLOSE 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 23 MAR	£530,000	£444,521	19% above HPI
2013 5 JUL	£332,000	£265,705	25% above HPI
2001 20 APR	£191,000	£149,719	28% above HPI
1996 27 SEP	£110,000	£86,777	27% above HPI

53 HONEY 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 four 53 HONEY CLOSE sales between September 1996 and March 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 July 2013 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 53 HONEY CLOSE?

53 HONEY CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% 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 HONEY CLOSE lies on this distribution: 68% of detached houses are smaller than 53 HONEY CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

53 HONEY CLOSE: Plot and Title Map

53 HONEY CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 53 HONEY 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 53 HONEY 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 53 HONEY CLOSE?

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