DRIMPTON, BUTTERMERE CLOSE, GILLINGHAM, ME7 2TS - £245,500

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

DRIMPTON is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £327,632. It was last sold for £245,500 in July 2016, which was around 38% below the average July 2016 detached price in the Medway local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

DRIMPTON Sold Prices

Land registry data shows five sales for DRIMPTON since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five DRIMPTON 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
2016 27 JUL	£245,500	£399,087	38% below HPI
2011 28 JAN	£160,000	£263,757	39% below HPI
2005 8 JUL	£169,000	£253,811	33% below HPI
2001 25 MAY	£104,000	£155,948	33% below HPI
1995 3 MAY	£59,995	£84,002	29% below HPI

DRIMPTON 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 five DRIMPTON sales between May 1995 and July 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 January 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might DRIMPTON be worth now?

DRIMPTON might now be worth an estimated £327,632.

This is based on house price inflation of 33.5%, between July 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 33.5% inflationary increase is applied to the most recent sale price for DRIMPTON of £245,500 on 27th July 2016. For the value to have increased from £245,500 to £327,632 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of DRIMPTON has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2016 sale price of £245,500 represented a fair market value for the property.
• The size, condition, and specification of DRIMPTON has not materially changed since July 2016.

How Large is DRIMPTON?

DRIMPTON is 70m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 DRIMPTON lies on this distribution: 8% of detached houses houses are smaller than DRIMPTON, and 92% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

DRIMPTON: Plot and Title Map

DRIMPTON sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of DRIMPTON, 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 DRIMPTON). 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 DRIMPTON?

DRIMPTON is located on BUTTERMERE CLOSE in GILLINGHAM, in the ME7 postcode district. The below map shows the position of DRIMPTON on BUTTERMERE CLOSE.