14, DIXWELL CLOSE, GILLINGHAM, ME8 9TB - £222,500

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.

14 DIXWELL CLOSE is a very small terraced house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £278,033. It was last sold for £222,500 in April 2020, which was around 3% above the average April 2020 terraced price in the Medway local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

14 DIXWELL CLOSE Sold Prices

Land registry data shows four sales for 14 DIXWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 14 DIXWELL 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
2020 7 APR	£222,500	£216,022	3% above HPI
2017 25 AUG	£220,000	£218,779	1% above HPI
2007 25 MAY	£150,000	£147,548	2% above HPI
2001 23 MAY	£74,000	£70,699	5% above HPI

14 DIXWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The four 14 DIXWELL CLOSE sales between May 2001 and April 2020 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 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 14 DIXWELL CLOSE be worth now?

14 DIXWELL CLOSE might now be worth an estimated £278,033.

This is based on house price inflation of 25%, between April 2020 and May 2026, for terraced 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 25% inflationary increase is applied to the most recent sale price for 14 DIXWELL CLOSE of £222,500 on 7th April 2020. For the value to have increased from £222,500 to £278,033 over the five years and eleven months to May 2026, the following assumptions must hold true:

• The value of 14 DIXWELL CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The April 2020 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 14 DIXWELL CLOSE has not materially changed since April 2020.

How Large is 14 DIXWELL CLOSE?

14 DIXWELL CLOSE is 74m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 14 DIXWELL CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 14 DIXWELL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

14 DIXWELL CLOSE: Plot and Title Map

14 DIXWELL CLOSE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 14 DIXWELL 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 14 DIXWELL 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 14 DIXWELL CLOSE?

14 DIXWELL CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 14 on DIXWELL CLOSE.