62, DURHAM ROAD, GILLINGHAM, ME8 0JN - £400,000

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

62 DURHAM ROAD is a small detached house of 102m², built sometime between 1930 and 1949. It was last sold for £400,000 in April 2021, which was around 10% below the average April 2021 detached price in the Medway local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

62 DURHAM ROAD Sold Prices

Land registry data shows four sales for 62 DURHAM 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 62 DURHAM 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
2021 9 APR	£400,000	£443,000	10% below HPI
2010 21 JUN	£249,000	£254,365	2% below HPI
2009 14 JUL	£217,000	£230,409	6% below HPI
1997 18 APR	£62,500	£90,525	31% below HPI

62 DURHAM 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 62 DURHAM ROAD sales between April 1997 and April 2021 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 June 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 62 DURHAM ROAD?

62 DURHAM ROAD is 102m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 62 DURHAM ROAD lies on this distribution: 33% of detached houses are smaller than 62 DURHAM ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

62 DURHAM ROAD: Plot and Title Map

62 DURHAM ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 62 DURHAM 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 62 DURHAM 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 62 DURHAM ROAD?

62 DURHAM ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 62 on DURHAM ROAD.