5, EDWIN PLACE, GILLINGHAM, ME8 0AU - £700,000

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.

5 EDWIN PLACE is a very large detached house of 211m², built sometime between 2007 and 2011, which could now be worth an estimated £907,307. It was last sold for £700,000 in September 2016, which was around 73% above the average September 2016 detached price in the Medway local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

5 EDWIN PLACE Sold Prices

Land registry data shows two sales for 5 EDWIN PLACE 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 5 EDWIN PLACE 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
2016 8 SEP	£700,000	£405,753	73% above HPI
2007 30 MAR	£520,000	£270,847	92% above HPI

5 EDWIN PLACE 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 5 EDWIN PLACE sales from March 2007 and September 2016 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 2007 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the September 2016 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 5 EDWIN PLACE be worth now?

5 EDWIN PLACE might now be worth an estimated £907,307.

This is based on house price inflation of 29.6%, between September 2016 and May 2026, for 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 29.6% inflationary increase is applied to the most recent sale price for 5 EDWIN PLACE of £700,000 on 8th September 2016. For the value to have increased from £700,000 to £907,307 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 5 EDWIN PLACE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2016 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 5 EDWIN PLACE has not materially changed since September 2016.

How Large is 5 EDWIN PLACE?

5 EDWIN PLACE is 211m² according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 5 EDWIN PLACE lies on this distribution: 94% of detached houses houses are smaller than 5 EDWIN PLACE, and 6% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 EDWIN PLACE: Plot and Title Map

5 EDWIN PLACE sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 5 EDWIN PLACE, 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 5 EDWIN PLACE). 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 5 EDWIN PLACE?

5 EDWIN PLACE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 5 on EDWIN PLACE.