1, MONTGOMERY ROAD, GILLINGHAM, ME7 5XP - £213,000

1 MONTGOMERY ROAD is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £213,000 in July 2020, which was around 50% below the average July 2020 detached price in the Medway local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

1 MONTGOMERY ROAD Sold Prices

Land registry data shows three sales for 1 MONTGOMERY ROAD 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 1 MONTGOMERY ROAD 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
2020 10 JUL	£213,000	£426,239	50% below HPI
2016 30 MAR	£190,000	£363,932	48% below HPI
2005 29 JUL	£145,000	£247,137	41% below HPI

1 MONTGOMERY ROAD 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 1 MONTGOMERY ROAD sales between July 2005 and July 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 March 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2020 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 1 MONTGOMERY ROAD?

1 MONTGOMERY ROAD is 67m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 1 MONTGOMERY ROAD lies on this distribution: 6% of detached houses are smaller than 1 MONTGOMERY ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 MONTGOMERY ROAD: Plot and Title Map

1 MONTGOMERY ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 1 MONTGOMERY ROAD, 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 MONTGOMERY ROAD). 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 MONTGOMERY ROAD?

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