CLOONAGH, LOCARNO AVENUE, GILLINGHAM, ME8 6ET - £412,000

CLOONAGH is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £412,000 in February 2016, which was around 15% above the average February 2016 detached price in the Medway local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

CLOONAGH Sold Prices

Land registry data shows three sales for CLOONAGH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the three CLOONAGH sales was for above the average price, whilst two 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
2016 16 FEB	£412,000	£359,607	15% above HPI
2003 6 AUG	£49,910	£227,192	78% below HPI
1997 29 AUG	£87,000	£94,655	8% below HPI

CLOONAGH 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 three CLOONAGH sales between August 1997 and February 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 August 2003 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the February 2016 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is CLOONAGH?

CLOONAGH is 157m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where CLOONAGH lies on this distribution: 79% of detached houses are smaller than CLOONAGH, and 20% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

CLOONAGH: Plot and Title Map

CLOONAGH sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of CLOONAGH, 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 CLOONAGH). 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 CLOONAGH?

CLOONAGH is located on LOCARNO AVENUE in GILLINGHAM, in the ME8 postcode district. The below map shows the position of CLOONAGH on LOCARNO AVENUE.