55, SPRINGVALE, GILLINGHAM, ME8 0JQ - £367,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

55 SPRINGVALE is a large detached house of 151m², built sometime between 2003 and 2006, which could now be worth an estimated £741,601. It was last sold for £367,500 in July 2012, which was around 39% above the average July 2012 detached price in the Medway local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

55 SPRINGVALE Sold Prices

Land registry data shows three sales for 55 SPRINGVALE 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 55 SPRINGVALE 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
2012 23 JUL	£367,500	£263,930	39% above HPI
2010 25 AUG	£355,000	£263,178	35% above HPI
2005 29 NOV	£339,500	£253,897	34% above HPI

55 SPRINGVALE 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 55 SPRINGVALE sales between November 2005 and July 2012 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 August 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2012 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 55 SPRINGVALE be worth now?

55 SPRINGVALE might now be worth an estimated £741,601.

This is based on house price inflation of 101.8%, between July 2012 and December 2024, 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 101.8% inflationary increase is applied to the most recent sale price for 55 SPRINGVALE of £367,500 on 23rd July 2012. For the value to have increased from £367,500 to £741,601 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 55 SPRINGVALE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2012 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 55 SPRINGVALE has not materially changed since July 2012.

How Large is 55 SPRINGVALE?

55 SPRINGVALE is 151m² according to the EPC inspection conducted in May 2010. This puts it in the largest 30% 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 55 SPRINGVALE lies on this distribution: 77% of detached houses houses are smaller than 55 SPRINGVALE, and 23% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

55 SPRINGVALE: Plot and Title Map

55 SPRINGVALE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 55 SPRINGVALE, 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 55 SPRINGVALE). 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 55 SPRINGVALE?

55 SPRINGVALE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 55 on SPRINGVALE.