74, HOLMSIDE, GILLINGHAM, ME7 4BE - £350,000

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.

74 HOLMSIDE is a midsized extended terraced house of 117m², built sometime between 1900 and 1929, which could now be worth an estimated £370,429. It was last sold for £350,000 in February 2022, which was around 36% above the average February 2022 terraced price in the Medway local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

74 HOLMSIDE Sold Prices

Land registry data shows four sales for 74 HOLMSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 74 HOLMSIDE 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
2022 10 FEB	£350,000	£256,814	36% above HPI
2011 1 JUL	£210,000	£135,877	55% above HPI
2005 28 FEB	£182,000	£129,509	41% above HPI
2003 15 MAY	£164,000	£106,068	55% above HPI

74 HOLMSIDE 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 four 74 HOLMSIDE sales between May 2003 and February 2022 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 July 2011 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 74 HOLMSIDE be worth now?

74 HOLMSIDE might now be worth an estimated £370,429.

This is based on house price inflation of 5.8%, between February 2022 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 5.8% inflationary increase is applied to the most recent sale price for 74 HOLMSIDE of £350,000 on 10th February 2022. For the value to have increased from £350,000 to £370,429 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 74 HOLMSIDE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The February 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 74 HOLMSIDE has not materially changed since February 2022.

How Large is 74 HOLMSIDE?

74 HOLMSIDE is 117m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% 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 74 HOLMSIDE lies on this distribution: 50% of terraced houses houses are smaller than 74 HOLMSIDE, and 49% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

74 HOLMSIDE: Plot and Title Map

74 HOLMSIDE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 74 HOLMSIDE, 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 74 HOLMSIDE). 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 74 HOLMSIDE?

74 HOLMSIDE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 74 on HOLMSIDE.