1, MARATHON PADDOCK, GILLINGHAM, ME7 4HE - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MARATHON PADDOCK is a very small extended terraced house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £247,738. It was last sold for £220,000 in June 2021, which was around 8% below the average June 2021 terraced price in the Medway local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was C.

1 MARATHON PADDOCK Sold Prices

Land registry data shows two sales for 1 MARATHON PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 1 MARATHON PADDOCK 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
2021 11 JUN	£220,000	£239,714	8% below HPI
2008 2 JUN	£134,000	£149,815	11% below HPI

1 MARATHON PADDOCK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The two 1 MARATHON PADDOCK sales from June 2008 and June 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 June 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 MARATHON PADDOCK be worth now?

1 MARATHON PADDOCK might now be worth an estimated £247,738.

This is based on house price inflation of 12.6%, between June 2021 and May 2026, for terraced 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 12.6% inflationary increase is applied to the most recent sale price for 1 MARATHON PADDOCK of £220,000 on 11th June 2021. For the value to have increased from £220,000 to £247,738 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 1 MARATHON PADDOCK has moved in line with the HPI for terraced houses in the Medway local authority area.
• The June 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARATHON PADDOCK has not materially changed since June 2021.

How Large is 1 MARATHON PADDOCK?

1 MARATHON PADDOCK is 72m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 1 MARATHON PADDOCK lies on this distribution: 8% of terraced houses houses are smaller than 1 MARATHON PADDOCK, and 91% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 MARATHON PADDOCK: Plot and Title Map

1 MARATHON PADDOCK sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 1 MARATHON PADDOCK, 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 1 MARATHON PADDOCK). 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 1 MARATHON PADDOCK?

1 MARATHON PADDOCK is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 1 on MARATHON PADDOCK.