14A, PENSHURST CLOSE, RAINHAM, GILLINGHAM, ME8 7DT - £399,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14A PENSHURST CLOSE is a midsized detached house of 119m², built sometime between 1983 and 1990. It was last sold for £399,950 in July 2014, which was around 33% above the average July 2014 detached price in the Medway local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

14A PENSHURST CLOSE Sold Prices

Land registry data shows two sales for 14A PENSHURST CLOSE 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 14A PENSHURST CLOSE 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 29 JUL	£399,950	£300,368	33% above HPI
2013 17 JUN	£350,000	£264,726	32% above HPI

14A PENSHURST CLOSE 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 14A PENSHURST CLOSE sales from June 2013 and July 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 June 2013 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2014 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 14A PENSHURST CLOSE?

14A PENSHURST CLOSE is 119m² according to the EPC inspection conducted in January 2013. This puts it in the largest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 14A PENSHURST CLOSE lies on this distribution: 52% of detached houses are smaller than 14A PENSHURST CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

14A PENSHURST CLOSE: Plot and Title Map

14A PENSHURST CLOSE sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of 14A PENSHURST CLOSE, 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 14A PENSHURST CLOSE). 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 14A PENSHURST CLOSE?

14A PENSHURST CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 14A on PENSHURST CLOSE.