10, MARATHON PADDOCK, GILLINGHAM, ME7 4HE - £425,000

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.

10 MARATHON PADDOCK is a very large detached house of 201m², built sometime between 1967 and 1975, which could now be worth an estimated £420,239. It was last sold for £425,000 in August 2022, which was around 20% below the average August 2022 detached price in the Medway local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

10 MARATHON PADDOCK Sold Prices

Land registry data shows two sales for 10 MARATHON PADDOCK 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. One of the two 10 MARATHON PADDOCK sales was for below the average price, whilst the other was 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
2022 15 AUG	£425,000	£531,876	20% below HPI
1996 3 JUL	£95,000	£85,704	11% above HPI

10 MARATHON PADDOCK 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 10 MARATHON PADDOCK sales from July 1996 and August 2022 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 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 10 MARATHON PADDOCK be worth now?

10 MARATHON PADDOCK might now be worth an estimated £420,239.

This is based on house price deflation of 1.1%, between August 2022 and May 2026, 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 1.1% deflationary decrease is applied to the most recent sale price for 10 MARATHON PADDOCK of £425,000 on 15th August 2022. For the value to have decreased from £425,000 to £420,239 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 10 MARATHON PADDOCK has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MARATHON PADDOCK has not materially changed since August 2022.

How Large is 10 MARATHON PADDOCK?

10 MARATHON PADDOCK is 201m² according to the EPC inspection conducted in June 2022. This puts it in the largest 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 10 MARATHON PADDOCK lies on this distribution: 93% of detached houses houses are smaller than 10 MARATHON PADDOCK, and 7% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

10 MARATHON PADDOCK: Plot and Title Map

10 MARATHON PADDOCK sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 10 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 10 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 10 MARATHON PADDOCK?

10 MARATHON PADDOCK is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 10 on MARATHON PADDOCK.