8, MARQUIS DRIVE, HEMPSTEAD, GILLINGHAM, ME7 3DR - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MARQUIS DRIVE is a large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £345,000 in April 2012, which was around 38% above the average April 2012 detached price in the Medway local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

8 MARQUIS DRIVE Sold Prices

Land registry data shows two sales for 8 MARQUIS DRIVE 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 8 MARQUIS DRIVE 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
2012 24 APR	£345,000	£250,583	38% above HPI
1997 31 OCT	£149,000	£98,217	52% above HPI

8 MARQUIS DRIVE 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 8 MARQUIS DRIVE sales from October 1997 and April 2012 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 October 1997 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the April 2012 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 8 MARQUIS DRIVE?

8 MARQUIS DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in October 2011. 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 8 MARQUIS DRIVE lies on this distribution: 63% of detached houses are smaller than 8 MARQUIS DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 MARQUIS DRIVE: Plot and Title Map

8 MARQUIS DRIVE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 8 MARQUIS DRIVE, 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 MARQUIS DRIVE). 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 MARQUIS DRIVE?

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