6, CAMBRIDGE ROAD, GILLINGHAM, ME8 0JE - £945,000

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

6 CAMBRIDGE ROAD is a very large detached house of 251m², built in 2022. It was last sold for £945,000 in March 2023, which was around 78% above the average March 2023 detached price in the Medway local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was B.

6 CAMBRIDGE ROAD Sold Prices

Land registry data shows two sales for 6 CAMBRIDGE ROAD 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. One of the two 6 CAMBRIDGE ROAD sales was for above the average price, whilst the other was 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
2023 31 MAR	£945,000	£530,178	78% above HPI
2021 16 SEP	£365,000	£463,458	21% below HPI

6 CAMBRIDGE ROAD 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 6 CAMBRIDGE ROAD sales from September 2021 and March 2023 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 September 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2023 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 6 CAMBRIDGE ROAD?

6 CAMBRIDGE ROAD is 251m² according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 6 CAMBRIDGE ROAD lies on this distribution: 98% of detached houses are smaller than 6 CAMBRIDGE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

6 CAMBRIDGE ROAD: Plot and Title Map

6 CAMBRIDGE ROAD sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 6 CAMBRIDGE ROAD, 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 6 CAMBRIDGE ROAD). 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 6 CAMBRIDGE ROAD?

6 CAMBRIDGE ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 6 on CAMBRIDGE ROAD.