YEW TREE LODGE, SPEKES ROAD, HEMPSTEAD, GILLINGHAM, ME7 3RT - £475,000

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

YEW TREE LODGE is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £475,000 in March 2021, which was around 7% above the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

YEW TREE LODGE Sold Prices

Land registry data shows two sales for YEW TREE LODGE 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 YEW TREE LODGE 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
2021 17 MAR	£475,000	£444,521	7% above HPI
2012 9 NOV	£320,000	£256,926	25% above HPI

YEW TREE LODGE 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 YEW TREE LODGE sales from November 2012 and March 2021 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 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is YEW TREE LODGE?

YEW TREE LODGE is 145m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where YEW TREE LODGE lies on this distribution: 73% of detached houses are smaller than YEW TREE LODGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

YEW TREE LODGE: Plot and Title Map

YEW TREE LODGE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of YEW TREE LODGE, 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 YEW TREE LODGE). 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 YEW TREE LODGE?

YEW TREE LODGE is located on SPEKES ROAD in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of YEW TREE LODGE on SPEKES ROAD.