DONET HOUSE, DONET CLOSE, GILLINGHAM, ME8 9NX - £540,000

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

DONET HOUSE is a very large detached house of 180m², built sometime between 1991 and 1995, which could now be worth an estimated £674,234. It was last sold for £540,000 in February 2020, which was around 27% above the average February 2020 detached price in the Medway local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

DONET HOUSE Sold Prices

Land registry data shows three sales for DONET HOUSE 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. All of the three DONET HOUSE 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
2020 14 FEB	£540,000	£426,565	27% above HPI
1998 31 JUL	£163,000	£105,904	54% above HPI
1995 22 SEP	£135,000	£86,092	57% above HPI

DONET HOUSE 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 DONET HOUSE sales between September 1995 and February 2020 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 July 1998 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2020 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might DONET HOUSE be worth now?

DONET HOUSE might now be worth an estimated £674,234.

This is based on house price inflation of 24.9%, between February 2020 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 24.9% inflationary increase is applied to the most recent sale price for DONET HOUSE of £540,000 on 14th February 2020. For the value to have increased from £540,000 to £674,234 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of DONET HOUSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2020 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of DONET HOUSE has not materially changed since February 2020.

How Large is DONET HOUSE?

DONET HOUSE is 180m² according to the EPC inspection conducted in August 2018. This puts it in the largest 20% 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 DONET HOUSE lies on this distribution: 88% of detached houses houses are smaller than DONET HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

DONET HOUSE: Plot and Title Map

DONET HOUSE sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of DONET HOUSE, 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 DONET HOUSE). 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 DONET HOUSE?

DONET HOUSE is located on DONET CLOSE in GILLINGHAM, in the ME8 postcode district. The below map shows the position of DONET HOUSE on DONET CLOSE.