122, FIRST AVENUE, GILLINGHAM, ME7 2LQ - £495,000

122 FIRST AVENUE is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £495,000 in August 2022, which was around 4% below the average August 2022 detached price in the Medway local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

122 FIRST AVENUE Sold Prices

Land registry data shows three sales for 122 FIRST AVENUE 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 122 FIRST AVENUE 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 5 AUG	£495,000	£516,185	4% below HPI
2017 17 NOV	£390,000	£424,146	8% below HPI
1997 19 DEC	£73,500	£98,207	25% below HPI

122 FIRST AVENUE 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 122 FIRST AVENUE sales between December 1997 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 November 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 122 FIRST AVENUE?

122 FIRST AVENUE is 131m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 122 FIRST AVENUE lies on this distribution: 64% of detached houses are smaller than 122 FIRST AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

122 FIRST AVENUE: Plot and Title Map

122 FIRST AVENUE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 122 FIRST AVENUE, 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 122 FIRST AVENUE). 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 122 FIRST AVENUE?

122 FIRST AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 122 on FIRST AVENUE.