9, CHENEY CLOSE, GILLINGHAM, ME8 9PB - £205,000

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

9 CHENEY CLOSE is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £205,000 in November 2013, which was around 26% below the average November 2013 detached price in the Medway local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

9 CHENEY CLOSE Sold Prices

Land registry data shows two sales for 9 CHENEY 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 9 CHENEY CLOSE 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
2013 29 NOV	£205,000	£276,316	26% below HPI
1998 18 DEC	£94,995	£107,549	12% below HPI

9 CHENEY 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 9 CHENEY CLOSE sales from December 1998 and November 2013 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 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 9 CHENEY CLOSE?

9 CHENEY CLOSE is 83m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 9 CHENEY CLOSE lies on this distribution: 15% of detached houses are smaller than 9 CHENEY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

9 CHENEY CLOSE: Plot and Title Map

9 CHENEY CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 9 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 9 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 9 CHENEY CLOSE?

9 CHENEY CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 9 on CHENEY CLOSE.