27, CONRAD CLOSE, GILLINGHAM, ME8 9SD - £325,000

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.

27 CONRAD CLOSE is a very small extended terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £319,221. It was last sold for £325,000 in September 2022, which was around 18% above the average September 2022 terraced price in the Medway local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

27 CONRAD CLOSE Sold Prices

Land registry data shows four sales for 27 CONRAD 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. Most of the four 27 CONRAD 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
2022 2 SEP	£325,000	£274,904	18% above HPI
2021 19 FEB	£260,000	£234,305	11% above HPI
2015 16 SEP	£195,000	£177,768	10% above HPI
2004 5 MAR	£115,000	£118,045	3% below HPI

27 CONRAD 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 27 CONRAD CLOSE sales between March 2004 and September 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 February 2021 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 27 CONRAD CLOSE be worth now?

27 CONRAD CLOSE might now be worth an estimated £319,221.

This is based on house price deflation of 1.8%, between September 2022 and June 2025, 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 1.8% deflationary decrease is applied to the most recent sale price for 27 CONRAD CLOSE of £325,000 on 2nd September 2022. For the value to have decreased from £325,000 to £319,221 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 27 CONRAD CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The September 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 27 CONRAD CLOSE has not materially changed since September 2022.

How Large is 27 CONRAD CLOSE?

27 CONRAD CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the smallest 20% 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 27 CONRAD CLOSE lies on this distribution: 17% of terraced houses houses are smaller than 27 CONRAD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

27 CONRAD CLOSE: Plot and Title Map

27 CONRAD CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 27 CONRAD 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 27 CONRAD 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 27 CONRAD CLOSE?

27 CONRAD CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 27 on CONRAD CLOSE.