122, PUMP LANE, RAINHAM, GILLINGHAM, ME8 7AP - £215,000

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

122 PUMP LANE is a small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £215,000 in January 2014, which was around 22% below the average January 2014 detached price in the Medway local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

122 PUMP LANE Sold Prices

Land registry data shows two sales for 122 PUMP LANE 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 122 PUMP 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
2014 3 JAN	£215,000	£277,309	22% below HPI
2000 4 AUG	£135,000	£141,214	4% below HPI

122 PUMP 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 two 122 PUMP LANE sales from August 2000 and January 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 August 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 122 PUMP LANE?

122 PUMP LANE is 102m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 122 PUMP LANE lies on this distribution: 34% of detached houses are smaller than 122 PUMP LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

122 PUMP LANE: Plot and Title Map

122 PUMP LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 122 PUMP 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 122 PUMP 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 122 PUMP LANE?

122 PUMP LANE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 122 on PUMP LANE.