11, SPRINGVALE, GILLINGHAM, ME8 0JG - £550,000

11 SPRINGVALE is a very large extended detached house of 179m², built sometime between 1930 and 1949. It was last sold for £550,000 in February 2021, which was around 23% above the average February 2021 detached price in the Medway local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

11 SPRINGVALE Sold Prices

Land registry data shows two sales for 11 SPRINGVALE 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 11 SPRINGVALE 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 5 FEB	£550,000	£447,652	23% above HPI
2005 22 APR	£263,000	£247,745	6% above HPI

11 SPRINGVALE 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 11 SPRINGVALE sales from April 2005 and February 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 April 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 11 SPRINGVALE?

11 SPRINGVALE is 179m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 11 SPRINGVALE lies on this distribution: 88% of detached houses are smaller than 11 SPRINGVALE, and 12% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

11 SPRINGVALE: Plot and Title Map

11 SPRINGVALE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 11 SPRINGVALE, 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 11 SPRINGVALE). 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 11 SPRINGVALE?

11 SPRINGVALE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 11 on SPRINGVALE.