6, ROMANY ROAD, GILLINGHAM, ME8 6JH - £230,000

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

6 ROMANY ROAD is a large extended detached house of 139m², built sometime between 2003 and 2006. It was last sold for £230,000 in June 2015, which was around 29% below the average June 2015 detached price in the Medway local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

6 ROMANY ROAD Sold Prices

Land registry data shows four sales for 6 ROMANY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 6 ROMANY ROAD 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
2015 26 JUN	£230,000	£323,087	29% below HPI
2012 27 APR	£176,000	£250,583	30% below HPI
2001 30 MAR	£130,000	£149,405	13% below HPI
1997 19 DEC	£39,000	£98,207	60% below HPI

6 ROMANY 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 four 6 ROMANY ROAD sales between December 1997 and June 2015 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 April 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 6 ROMANY ROAD?

6 ROMANY ROAD is 139m², which includes one extension, according to the EPC inspection conducted in October 2023. 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 6 ROMANY ROAD lies on this distribution: 70% of detached houses are smaller than 6 ROMANY ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

6 ROMANY ROAD: Plot and Title Map

6 ROMANY ROAD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 6 ROMANY 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 ROMANY 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 ROMANY ROAD?

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