112, WATERSIDE LANE, GILLINGHAM, ME7 2ST - £420,000

112 WATERSIDE LANE is a small extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £420,000 in March 2022, which was around 15% below the average March 2022 detached price in the Medway local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

112 WATERSIDE LANE Sold Prices

Land registry data shows four sales for 112 WATERSIDE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the four 112 WATERSIDE LANE 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
2022 11 MAR	£420,000	£496,411	15% below HPI
2015 18 AUG	£310,000	£333,356	7% below HPI
2002 4 SEP	£85,000	£199,490	57% below HPI
2000 28 JUL	£145,950	£138,869	5% above HPI

112 WATERSIDE LANE 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 four 112 WATERSIDE LANE sales between July 2000 and March 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 August 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 112 WATERSIDE LANE?

112 WATERSIDE LANE is 107m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 112 WATERSIDE LANE lies on this distribution: 39% of detached houses are smaller than 112 WATERSIDE LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

112 WATERSIDE LANE: Plot and Title Map

112 WATERSIDE LANE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 112 WATERSIDE LANE, 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 112 WATERSIDE LANE). 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 112 WATERSIDE LANE?

112 WATERSIDE LANE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 112 on WATERSIDE LANE.