58, NORMAN CLOSE, GILLINGHAM, ME8 0TQ - £345,000

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

58 NORMAN CLOSE is a midsized extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £345,000 in November 2019, which was around 19% below the average November 2019 detached price in the Medway local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

58 NORMAN CLOSE Sold Prices

Land registry data shows two sales for 58 NORMAN CLOSE 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 58 NORMAN CLOSE 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
2019 22 NOV	£345,000	£424,663	19% below HPI
2000 6 OCT	£106,995	£144,344	26% below HPI

58 NORMAN 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 two 58 NORMAN CLOSE sales from October 2000 and November 2019 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 October 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 58 NORMAN CLOSE?

58 NORMAN CLOSE is 120m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 58 NORMAN CLOSE lies on this distribution: 53% of detached houses are smaller than 58 NORMAN CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

58 NORMAN CLOSE: Plot and Title Map

58 NORMAN CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 58 NORMAN 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 58 NORMAN 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 58 NORMAN CLOSE?

58 NORMAN CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 58 on NORMAN CLOSE.