DRIMPTON, BUTTERMERE CLOSE, GILLINGHAM, ME7 2TS - £245,500

DRIMPTON is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £245,500 in July 2016, which was around 37% below the average July 2016 detached price in the Medway local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

DRIMPTON Sold Prices

Land registry data shows five sales for DRIMPTON since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five DRIMPTON sales 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 27 JUL	£245,500	£388,592	37% below HPI
2011 28 JAN	£160,000	£256,822	38% below HPI
2005 8 JUL	£169,000	£247,137	32% below HPI
2001 25 MAY	£104,000	£151,847	32% below HPI
1995 3 MAY	£59,995	£81,793	27% below HPI

DRIMPTON 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 five DRIMPTON sales between May 1995 and July 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 January 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2016 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is DRIMPTON?

DRIMPTON is 70m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where DRIMPTON lies on this distribution: 8% of detached houses are smaller than DRIMPTON, and 92% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

DRIMPTON: Plot and Title Map

DRIMPTON sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of DRIMPTON, 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 DRIMPTON). 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 DRIMPTON?

DRIMPTON is located on BUTTERMERE CLOSE in GILLINGHAM, in the ME7 postcode district. The below map shows the position of DRIMPTON on BUTTERMERE CLOSE.