111, LOWER RAINHAM ROAD, RAINHAM, GILLINGHAM, ME7 2XS - £550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

111 LOWER RAINHAM ROAD is a very large extended detached house of 269m², built sometime between 1930 and 1949. It was last sold for £550,000 in November 2020, which was around 24% above the average November 2020 detached price in the Medway local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

111 LOWER RAINHAM ROAD Sold Prices

Land registry data shows two sales for 111 LOWER RAINHAM ROAD 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 111 LOWER RAINHAM ROAD 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
2020 19 NOV	£550,000	£441,784	24% above HPI
1998 30 APR	£140,000	£100,653	39% above HPI

111 LOWER RAINHAM ROAD 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 111 LOWER RAINHAM ROAD sales from April 1998 and November 2020 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 April 1998 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 111 LOWER RAINHAM ROAD?

111 LOWER RAINHAM ROAD is 269m², which includes two extensions, according to the EPC inspection conducted in November 2020. 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 111 LOWER RAINHAM ROAD lies on this distribution: 98% of detached houses are smaller than 111 LOWER RAINHAM ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

111 LOWER RAINHAM ROAD: Plot and Title Map

111 LOWER RAINHAM ROAD sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 111 LOWER RAINHAM ROAD, 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 111 LOWER RAINHAM ROAD). 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 111 LOWER RAINHAM ROAD?

111 LOWER RAINHAM ROAD is located in RAINHAM, in the ME7 postcode district. The below map shows the position of No. 111 on LOWER RAINHAM ROAD.