30, NORMAN CLOSE, GILLINGHAM, ME8 0TG - £315,000

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.

30 NORMAN CLOSE is a very small semi-detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £385,187. It was last sold for £315,000 in September 2020, which was around 9% above the average September 2020 semi-detached price in the Medway local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

30 NORMAN CLOSE Sold Prices

Land registry data shows five sales for 30 NORMAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the five 30 NORMAN 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 18 SEP	£315,000	£288,674	9% above HPI
2010 22 SEP	£229,000	£174,677	31% above HPI
2007 29 AUG	£227,000	£187,068	21% above HPI
2001 5 OCT	£143,000	£101,164	41% above HPI
1996 27 NOV	£65,000	£55,009	18% above HPI

30 NORMAN CLOSE 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 five 30 NORMAN CLOSE sales between November 1996 and September 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 September 2010 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 30 NORMAN CLOSE be worth now?

30 NORMAN CLOSE might now be worth an estimated £385,187.

This is based on house price inflation of 22.3%, between September 2020 and March 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 22.3% inflationary increase is applied to the most recent sale price for 30 NORMAN CLOSE of £315,000 on 18th September 2020. For the value to have increased from £315,000 to £385,187 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 30 NORMAN CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The September 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 30 NORMAN CLOSE has not materially changed since September 2020.

How Large is 30 NORMAN CLOSE?

30 NORMAN CLOSE is 64m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% 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 30 NORMAN CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 30 NORMAN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

30 NORMAN CLOSE: Plot and Title Map

30 NORMAN CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 30 NORMAN 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 30 NORMAN 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 30 NORMAN CLOSE?

30 NORMAN CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 30 on NORMAN CLOSE.