9, FELLOWS CLOSE, GILLINGHAM, ME8 0ST - £750,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

9 FELLOWS CLOSE is a very large extended detached house of 180m², built sometime between 2003 and 2006. It was last sold for £750,000 in March 2022, which was around 51% above the average March 2022 detached price in the Medway local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

9 FELLOWS CLOSE Sold Prices

Land registry data shows two sales for 9 FELLOWS 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 FELLOWS 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
2022 22 MAR	£750,000	£496,411	51% above HPI
2006 24 OCT	£425,000	£261,446	63% above HPI

9 FELLOWS 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 FELLOWS CLOSE sales from October 2006 and March 2022 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 2006 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2022 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 9 FELLOWS CLOSE?

9 FELLOWS CLOSE is 180m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 FELLOWS CLOSE lies on this distribution: 88% of detached houses are smaller than 9 FELLOWS CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

9 FELLOWS CLOSE: Plot and Title Map

9 FELLOWS CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 9 FELLOWS 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 FELLOWS 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 FELLOWS CLOSE?

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