98, FIRST AVENUE, GILLINGHAM, ME7 2LQ - £274,995

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

98 FIRST AVENUE is a very large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £274,995 in August 2003, which was around 21% above the average August 2003 detached price in the Medway local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

98 FIRST AVENUE Sold Prices

Land registry data shows two sales for 98 FIRST AVENUE 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 98 FIRST AVENUE 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
2003 22 AUG	£274,995	£227,192	21% above HPI
1996 28 NOV	£107,500	£87,203	23% above HPI

98 FIRST AVENUE 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 98 FIRST AVENUE sales from November 1996 and August 2003 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 November 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2003 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 98 FIRST AVENUE?

98 FIRST AVENUE is 174m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 98 FIRST AVENUE lies on this distribution: 86% of detached houses are smaller than 98 FIRST AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

98 FIRST AVENUE: Plot and Title Map

98 FIRST AVENUE sits on a plot of roughly 0.228 of an acre, or 923m². The below map shows the location of 98 FIRST AVENUE, 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 98 FIRST AVENUE). 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 98 FIRST AVENUE?

98 FIRST AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 98 on FIRST AVENUE.