8, FERNDOWN CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3SN - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FERNDOWN CLOSE is a very large detached house of 165m², built sometime between 1976 and 1982, which could now be worth an estimated £600,664. It was last sold for £370,000 in June 2015, which was around 12% above the average June 2015 detached price in the Medway local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

8 FERNDOWN CLOSE Sold Prices

Land registry data shows three sales for 8 FERNDOWN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 8 FERNDOWN 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
2015 26 JUN	£370,000	£331,813	12% above HPI
2004 5 APR	£342,500	£242,339	41% above HPI
2001 24 SEP	£220,000	£167,241	32% above HPI

8 FERNDOWN 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 three 8 FERNDOWN CLOSE sales between September 2001 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 2004 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 FERNDOWN CLOSE be worth now?

8 FERNDOWN CLOSE might now be worth an estimated £600,664.

This is based on house price inflation of 62.3%, between June 2015 and February 2025, for 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 62.3% inflationary increase is applied to the most recent sale price for 8 FERNDOWN CLOSE of £370,000 on 26th June 2015. For the value to have increased from £370,000 to £600,664 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 8 FERNDOWN CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2015 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERNDOWN CLOSE has not materially changed since June 2015.

How Large is 8 FERNDOWN CLOSE?

8 FERNDOWN CLOSE is 165m² according to the EPC inspection conducted in July 2024. This puts it in the largest 20% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 8 FERNDOWN CLOSE lies on this distribution: 82% of detached houses houses are smaller than 8 FERNDOWN CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 FERNDOWN CLOSE: Plot and Title Map

8 FERNDOWN CLOSE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 8 FERNDOWN 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 FERNDOWN 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 FERNDOWN CLOSE?

8 FERNDOWN CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 8 on FERNDOWN CLOSE.