12, PARKER CLOSE, GILLINGHAM, ME8 9NQ - £188,000

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.

12 PARKER CLOSE is a very small extended semi-detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £457,287. It was last sold for £188,000 in July 2003, which was around 30% above the average July 2003 semi-detached price in the Medway local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

12 PARKER CLOSE Sold Prices

Land registry data shows three sales for 12 PARKER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 12 PARKER CLOSE 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
2003 25 JUL	£188,000	£144,552	30% above HPI
2002 24 JUL	£170,000	£117,307	45% above HPI
1996 26 JUL	£74,000	£53,186	39% above HPI

12 PARKER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The three 12 PARKER CLOSE sales between July 1996 and July 2003 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 2002 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2003 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 12 PARKER CLOSE be worth now?

12 PARKER CLOSE might now be worth an estimated £457,287.

This is based on house price inflation of 143.2%, between July 2003 and February 2025, for semi-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 143.2% inflationary increase is applied to the most recent sale price for 12 PARKER CLOSE of £188,000 on 25th July 2003. For the value to have increased from £188,000 to £457,287 over the 22 years and five months to February 2025, the following assumptions must hold true:

• The value of 12 PARKER CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2003 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PARKER CLOSE has not materially changed since July 2003.

How Large is 12 PARKER CLOSE?

12 PARKER CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 12 PARKER CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 12 PARKER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

12 PARKER CLOSE: Plot and Title Map

12 PARKER CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 12 PARKER CLOSE, 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 12 PARKER CLOSE). 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 12 PARKER CLOSE?

12 PARKER CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 12 on PARKER CLOSE.