FIRETHORNS, SPEKES ROAD, HEMPSTEAD, GILLINGHAM, ME7 3RT - £468,000

FIRETHORNS is a very large detached house of 192m², built sometime between 1983 and 1990. It was last sold for £468,000 in March 2014, which was around 64% above the average March 2014 detached price in the Medway local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

FIRETHORNS Sold Prices

Land registry data shows two sales for FIRETHORNS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two FIRETHORNS 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 3 MAR	£468,000	£284,553	64% above HPI
2001 19 OCT	£247,000	£165,285	49% above HPI

FIRETHORNS 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 two FIRETHORNS sales from October 2001 and March 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 October 2001 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the March 2014 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is FIRETHORNS?

FIRETHORNS is 192m² according to the EPC inspection conducted in February 2013. This puts it in the largest 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 FIRETHORNS lies on this distribution: 92% of detached houses are smaller than FIRETHORNS, and 8% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

FIRETHORNS: Plot and Title Map

FIRETHORNS sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of FIRETHORNS, 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 FIRETHORNS). 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 FIRETHORNS?

FIRETHORNS is located on SPEKES ROAD in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of FIRETHORNS on SPEKES ROAD.