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

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

55 SPRINGVALE is a large detached house of 151m², built sometime between 2003 and 2006. It was last sold for £367,500 in July 2012, which was around 43% 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	£256,990	43% above HPI
2010 25 AUG	£355,000	£256,258	39% above HPI
2005 29 NOV	£339,500	£247,220	37% 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2012 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

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 in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 55 SPRINGVALE lies on this distribution: 77% of detached 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.