38, HERBERT ROAD, GILLINGHAM, ME8 9BY - £207,500

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.

38 HERBERT ROAD is a very small terraced house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £414,291. It was last sold for £207,500 in October 2012, which was around 53% above the average October 2012 terraced price in the Medway local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

38 HERBERT ROAD Sold Prices

Land registry data shows two sales for 38 HERBERT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 38 HERBERT ROAD 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
2012 17 OCT	£207,500	£135,200	53% above HPI
2008 10 MAR	£175,000	£151,207	16% above HPI

38 HERBERT ROAD 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 two 38 HERBERT ROAD sales from March 2008 and October 2012 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 March 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2012 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 38 HERBERT ROAD be worth now?

38 HERBERT ROAD might now be worth an estimated £414,291.

This is based on house price inflation of 99.7%, between October 2012 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 99.7% inflationary increase is applied to the most recent sale price for 38 HERBERT ROAD of £207,500 on 17th October 2012. For the value to have increased from £207,500 to £414,291 over the fourteen years and five months to May 2026, the following assumptions must hold true:

• The value of 38 HERBERT ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The October 2012 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 38 HERBERT ROAD has not materially changed since October 2012.

How Large is 38 HERBERT ROAD?

38 HERBERT ROAD is 77m² according to the EPC inspection conducted in November 2009. 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 38 HERBERT ROAD lies on this distribution: 11% of terraced houses houses are smaller than 38 HERBERT ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

38 HERBERT ROAD: Plot and Title Map

38 HERBERT ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 38 HERBERT ROAD, 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 38 HERBERT ROAD). 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 38 HERBERT ROAD?

38 HERBERT ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 38 on HERBERT ROAD.