6, CHUTE CLOSE, GILLINGHAM, ME8 9RW - £160,000

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.

6 CHUTE CLOSE is a very small extended terraced house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £293,910. It was last sold for £160,000 in February 2014, which was around 8% above the average February 2014 terraced price in the Medway local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

6 CHUTE CLOSE Sold Prices

Land registry data shows two sales for 6 CHUTE CLOSE 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 6 CHUTE 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
2014 28 FEB	£160,000	£147,966	8% above HPI
2002 14 NOV	£125,000	£97,037	29% above HPI

6 CHUTE CLOSE 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 6 CHUTE CLOSE sales from November 2002 and February 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 November 2002 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 6 CHUTE CLOSE be worth now?

6 CHUTE CLOSE might now be worth an estimated £293,910.

This is based on house price inflation of 83.7%, between February 2014 and April 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 83.7% inflationary increase is applied to the most recent sale price for 6 CHUTE CLOSE of £160,000 on 28th February 2014. For the value to have increased from £160,000 to £293,910 over the eleven years and ten months to April 2026, the following assumptions must hold true:

• The value of 6 CHUTE CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The February 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHUTE CLOSE has not materially changed since February 2014.

How Large is 6 CHUTE CLOSE?

6 CHUTE CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in January 2015. 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 6 CHUTE CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 6 CHUTE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

6 CHUTE CLOSE: Plot and Title Map

6 CHUTE CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 6 CHUTE 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 6 CHUTE 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 6 CHUTE CLOSE?

6 CHUTE CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 6 on CHUTE CLOSE.