44, PEAR TREE LANE, HEMPSTEAD, GILLINGHAM, ME7 3PS - £300,000

44 PEAR TREE LANE is a small detached house of 106m², built sometime between 1976 and 1982. It was last sold for £300,000 in September 2014, which was around 4% below the average September 2014 detached price in the Medway local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

44 PEAR TREE LANE Sold Prices

Land registry data shows two sales for 44 PEAR TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 44 PEAR TREE LANE sales were for below 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
2014 25 SEP	£300,000	£312,003	4% below HPI
2011 19 SEP	£232,000	£257,174	10% below HPI

44 PEAR TREE LANE 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 two 44 PEAR TREE LANE sales from September 2011 and September 2014 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 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 44 PEAR TREE LANE?

44 PEAR TREE LANE is 106m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 44 PEAR TREE LANE lies on this distribution: 39% of detached houses are smaller than 44 PEAR TREE LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

44 PEAR TREE LANE: Plot and Title Map

44 PEAR TREE LANE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 44 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 44 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 44 PEAR TREE LANE?

44 PEAR TREE LANE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 44 on PEAR TREE LANE.