2, FIRST AVENUE, GILLINGHAM, ME7 2LG - £355,000

2 FIRST AVENUE is a very large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £355,000 in January 2017, which was around 12% below the average January 2017 detached price in the Medway local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 FIRST AVENUE Sold Prices

Land registry data shows three sales for 2 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. Two of the three 2 FIRST AVENUE sales were for below the average price, whilst one was 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
2017 27 JAN	£355,000	£403,952	12% below HPI
2010 30 JUL	£238,000	£256,413	7% below HPI
1997 31 OCT	£112,500	£98,217	15% above HPI

2 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 2 FIRST AVENUE sales between October 1997 and January 2017 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 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 FIRST AVENUE?

2 FIRST AVENUE is 183m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 2 FIRST AVENUE lies on this distribution: 90% of detached houses are smaller than 2 FIRST AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 FIRST AVENUE: Plot and Title Map

2 FIRST AVENUE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 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 2 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 2 FIRST AVENUE?

2 FIRST AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 2 on FIRST AVENUE.