8, CHENEY CLOSE, GILLINGHAM, ME8 9PB - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CHENEY CLOSE is a midsized extended semi-detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £382,294. It was last sold for £220,000 in July 2014, which was around 10% above the average July 2014 semi-detached price in the Medway local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

8 CHENEY CLOSE Sold Prices

Land registry data shows five sales for 8 CHENEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the five 8 CHENEY 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
2014 18 JUL	£220,000	£200,529	10% above HPI
2007 14 DEC	£225,000	£189,993	18% above HPI
2006 12 JUN	£205,000	£171,086	20% above HPI
2004 30 JUL	£190,000	£161,928	17% above HPI
1999 29 JAN	£88,000	£67,436	30% above HPI

8 CHENEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The five 8 CHENEY CLOSE sales between January 1999 and July 2014 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 December 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 8 CHENEY CLOSE be worth now?

8 CHENEY CLOSE might now be worth an estimated £382,294.

This is based on house price inflation of 73.8%, between July 2014 and December 2024, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.8% inflationary increase is applied to the most recent sale price for 8 CHENEY CLOSE of £220,000 on 18th July 2014. For the value to have increased from £220,000 to £382,294 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 CHENEY CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHENEY CLOSE has not materially changed since July 2014.

How Large is 8 CHENEY CLOSE?

8 CHENEY CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 8 CHENEY CLOSE lies on this distribution: 41% of semi-detached houses houses are smaller than 8 CHENEY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 CHENEY CLOSE: Plot and Title Map

8 CHENEY CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 8 CHENEY 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 8 CHENEY 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 8 CHENEY CLOSE?

8 CHENEY CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 8 on CHENEY CLOSE.