7, DE MERE CLOSE, GILLINGHAM, ME8 9JY - £235,000

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

7 DE MERE CLOSE is a large extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £235,000 in October 2003, which was around 1% above the average October 2003 detached price in the Medway local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

7 DE MERE CLOSE Sold Prices

Land registry data shows two sales for 7 DE MERE 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 7 DE MERE CLOSE 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
2003 31 OCT	£235,000	£232,112	1% above HPI
1996 7 NOV	£99,500	£87,203	14% above HPI

7 DE MERE 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 7 DE MERE CLOSE sales from November 1996 and October 2003 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 November 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2003 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 DE MERE CLOSE?

7 DE MERE CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 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 7 DE MERE CLOSE lies on this distribution: 68% of detached houses are smaller than 7 DE MERE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

7 DE MERE CLOSE: Plot and Title Map

7 DE MERE CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 7 DE MERE 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 7 DE MERE 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 7 DE MERE CLOSE?

7 DE MERE CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 7 on DE MERE CLOSE.