CLOONAGH, LOCARNO AVENUE, GILLINGHAM, ME8 6ET - £412,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CLOONAGH is a large extended detached house of 157m², built sometime between 1930 and 1949, which could now be worth an estimated £594,152. It was last sold for £412,000 in February 2016, which was around 12% above the average February 2016 detached price in the Medway local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

CLOONAGH Sold Prices

Land registry data shows three sales for CLOONAGH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the three CLOONAGH sales was for above the average price, whilst two 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
2016 16 FEB	£412,000	£369,319	12% above HPI
2003 6 AUG	£49,910	£233,328	79% below HPI
1997 29 AUG	£87,000	£97,211	11% below HPI

CLOONAGH 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 three CLOONAGH sales between August 1997 and February 2016 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 August 2003 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the February 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might CLOONAGH be worth now?

CLOONAGH might now be worth an estimated £594,152.

This is based on house price inflation of 44.2%, between February 2016 and December 2024, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.2% inflationary increase is applied to the most recent sale price for CLOONAGH of £412,000 on 16th February 2016. For the value to have increased from £412,000 to £594,152 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of CLOONAGH has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2016 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of CLOONAGH has not materially changed since February 2016.

How Large is CLOONAGH?

CLOONAGH is 157m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where CLOONAGH lies on this distribution: 79% of detached houses houses are smaller than CLOONAGH, and 21% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

CLOONAGH: Plot and Title Map

CLOONAGH sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of CLOONAGH, 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 CLOONAGH). 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 CLOONAGH?

CLOONAGH is located on LOCARNO AVENUE in GILLINGHAM, in the ME8 postcode district. The below map shows the position of CLOONAGH on LOCARNO AVENUE.