119, OTTERHAM QUAY LANE, RAINHAM, GILLINGHAM, ME8 8NF - £205,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

119 OTTERHAM QUAY LANE is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £205,000 in June 2013, which was around 23% below the average June 2013 detached price in the Medway local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

119 OTTERHAM QUAY LANE Sold Prices

Land registry data shows four sales for 119 OTTERHAM QUAY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 119 OTTERHAM QUAY LANE 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
2013 25 JUN	£205,000	£264,726	23% below HPI
2005 10 OCT	£172,000	£247,158	30% below HPI
2000 8 SEP	£116,000	£144,025	19% below HPI
1996 26 JUL	£61,500	£83,450	26% below HPI

119 OTTERHAM QUAY LANE 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 four 119 OTTERHAM QUAY LANE sales between July 1996 and June 2013 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 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 119 OTTERHAM QUAY LANE?

119 OTTERHAM QUAY LANE is 89m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 119 OTTERHAM QUAY LANE lies on this distribution: 20% of detached houses are smaller than 119 OTTERHAM QUAY LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

119 OTTERHAM QUAY LANE: Plot and Title Map

119 OTTERHAM QUAY LANE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 119 OTTERHAM QUAY LANE, 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 119 OTTERHAM QUAY LANE). 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 119 OTTERHAM QUAY LANE?

119 OTTERHAM QUAY LANE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 119 on OTTERHAM QUAY LANE.