54, LAMPLIGHTERS CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3NZ - £682,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 LAMPLIGHTERS CLOSE is a very large extended detached house of 182m², built sometime between 1991 and 1995, which could now be worth an estimated £781,823. It was last sold for £682,500 in August 2021, which was around 45% above the average August 2021 detached price in the Medway local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

54 LAMPLIGHTERS CLOSE Sold Prices

Land registry data shows three sales for 54 LAMPLIGHTERS 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. All of the three 54 LAMPLIGHTERS 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 20 AUG	£682,500	£470,238	45% above HPI
2017 29 JUN	£555,000	£424,787	31% above HPI
2006 10 AUG	£425,000	£263,278	61% above HPI

54 LAMPLIGHTERS 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 54 LAMPLIGHTERS CLOSE sales between August 2006 and August 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 June 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 54 LAMPLIGHTERS CLOSE be worth now?

54 LAMPLIGHTERS CLOSE might now be worth an estimated £781,823.

This is based on house price inflation of 14.6%, between August 2021 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 54 LAMPLIGHTERS CLOSE of £682,500 on 20th August 2021. For the value to have increased from £682,500 to £781,823 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 54 LAMPLIGHTERS CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2021 sale price of £682,500 represented a fair market value for the property.
• The size, condition, and specification of 54 LAMPLIGHTERS CLOSE has not materially changed since August 2021.

How Large is 54 LAMPLIGHTERS CLOSE?

54 LAMPLIGHTERS CLOSE is 182m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 54 LAMPLIGHTERS CLOSE lies on this distribution: 89% of detached houses houses are smaller than 54 LAMPLIGHTERS CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

54 LAMPLIGHTERS CLOSE: Plot and Title Map

54 LAMPLIGHTERS CLOSE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 54 LAMPLIGHTERS 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 54 LAMPLIGHTERS 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 54 LAMPLIGHTERS CLOSE?

54 LAMPLIGHTERS CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 54 on LAMPLIGHTERS CLOSE.