86, FRANKLIN ROAD, GILLINGHAM, ME7 4DG - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

86 FRANKLIN ROAD is a very small extended detached house of 55m², built sometime between 1900 and 1929. It was last sold for £260,000 in November 2021, which was around 46% below the average November 2021 detached price in the Medway local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

86 FRANKLIN ROAD Sold Prices

Land registry data shows five sales for 86 FRANKLIN ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 86 FRANKLIN 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 26 NOV	£260,000	£478,575	46% below HPI
2015 17 DEC	£165,000	£353,407	53% below HPI
2009 22 DEC	£134,500	£249,645	46% below HPI
2000 8 DEC	£57,500	£143,830	60% below HPI
1995 15 DEC	£27,000	£81,100	67% below HPI

86 FRANKLIN 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 five 86 FRANKLIN ROAD sales between December 1995 and November 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 December 2015 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2021 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 86 FRANKLIN ROAD?

86 FRANKLIN ROAD is 55m², which includes three extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 86 FRANKLIN ROAD lies on this distribution: 2% of detached houses are smaller than 86 FRANKLIN ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

86 FRANKLIN ROAD: Plot and Title Map

86 FRANKLIN ROAD sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 86 FRANKLIN 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 86 FRANKLIN 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 86 FRANKLIN ROAD?

86 FRANKLIN ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 86 on FRANKLIN ROAD.