51, HONEY CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3PF - £125,500

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.

51 HONEY CLOSE is a very small semi-detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £496,835. It was last sold for £125,500 in October 2000, which was around 41% above the average October 2000 semi-detached price in the Medway local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

51 HONEY CLOSE Sold Prices

Land registry data shows two sales for 51 HONEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 51 HONEY 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
2000 27 OCT	£125,500	£88,815	41% above HPI
1995 28 APR	£74,000	£52,229	42% above HPI

51 HONEY 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 two 51 HONEY CLOSE sales from April 1995 and October 2000 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 April 1995 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2000 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 51 HONEY CLOSE be worth now?

51 HONEY CLOSE might now be worth an estimated £496,835.

This is based on house price inflation of 295.9%, between October 2000 and February 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 295.9% inflationary increase is applied to the most recent sale price for 51 HONEY CLOSE of £125,500 on 27th October 2000. For the value to have increased from £125,500 to £496,835 over the 25 years and eight months to February 2025, the following assumptions must hold true:

• The value of 51 HONEY CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The October 2000 sale price of £125,500 represented a fair market value for the property.
• The size, condition, and specification of 51 HONEY CLOSE has not materially changed since October 2000.

How Large is 51 HONEY CLOSE?

51 HONEY CLOSE is 83m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% 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 51 HONEY CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 51 HONEY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

51 HONEY CLOSE: Plot and Title Map

51 HONEY CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 51 HONEY 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 51 HONEY 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 51 HONEY CLOSE?

51 HONEY CLOSE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 51 on HONEY CLOSE.