16, PEAR TREE LANE, HEMPSTEAD, GILLINGHAM, ME7 3PT - £177,500

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.

16 PEAR TREE LANE is a small extended semi-detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £348,686. It was last sold for £177,500 in August 2013, which was around 1% below the average August 2013 semi-detached price in the Medway local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was B.

16 PEAR TREE LANE Sold Prices

Land registry data shows three sales for 16 PEAR TREE LANE 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. One of the three 16 PEAR TREE LANE sales was for below the average price, whilst two 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
2013 23 AUG	£177,500	£178,986	1% below HPI
2006 9 FEB	£175,000	£167,079	5% above HPI
2002 6 JUN	£129,995	£114,448	14% above HPI

16 PEAR TREE LANE 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 16 PEAR TREE LANE sales between June 2002 and August 2013 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 February 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2013 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 PEAR TREE LANE be worth now?

16 PEAR TREE LANE might now be worth an estimated £348,686.

This is based on house price inflation of 96.4%, between August 2013 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 96.4% inflationary increase is applied to the most recent sale price for 16 PEAR TREE LANE of £177,500 on 23rd August 2013. For the value to have increased from £177,500 to £348,686 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 16 PEAR TREE LANE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The August 2013 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PEAR TREE LANE has not materially changed since August 2013.

How Large is 16 PEAR TREE LANE?

16 PEAR TREE LANE is 92m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% 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 16 PEAR TREE LANE lies on this distribution: 23% of semi-detached houses houses are smaller than 16 PEAR TREE LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 PEAR TREE LANE: Plot and Title Map

16 PEAR TREE LANE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 16 PEAR TREE 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 16 PEAR TREE 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 16 PEAR TREE LANE?

16 PEAR TREE LANE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 16 on PEAR TREE LANE.