15, GRENADIER CLOSE, RAINHAM, GILLINGHAM, ME8 8NQ - £538,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 GRENADIER CLOSE is a large detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £597,172. It was last sold for £538,000 in December 2020, which was around 25% above the average December 2020 detached price in the Swale local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

15 GRENADIER CLOSE Sold Prices

Land registry data shows four sales for 15 GRENADIER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 15 GRENADIER 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
2020 7 DEC	£538,000	£431,403	25% above HPI
2003 24 JAN	£290,000	£203,224	43% above HPI
2001 26 APR	£197,000	£141,361	39% above HPI
1999 16 APR	£160,000	£105,325	52% above HPI

15 GRENADIER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 15 GRENADIER CLOSE sales between April 1999 and December 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 January 2003 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 GRENADIER CLOSE be worth now?

15 GRENADIER CLOSE might now be worth an estimated £597,172.

This is based on house price inflation of 11%, between December 2020 and December 2024, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11% inflationary increase is applied to the most recent sale price for 15 GRENADIER CLOSE of £538,000 on 7th December 2020. For the value to have increased from £538,000 to £597,172 over the four years to December 2024, the following assumptions must hold true:

• The value of 15 GRENADIER CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The December 2020 sale price of £538,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GRENADIER CLOSE has not materially changed since December 2020.

How Large is 15 GRENADIER CLOSE?

15 GRENADIER CLOSE is 146m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 15 GRENADIER CLOSE lies on this distribution: 74% of detached houses houses are smaller than 15 GRENADIER CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

15 GRENADIER CLOSE: Plot and Title Map

15 GRENADIER CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 15 GRENADIER 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 15 GRENADIER 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 15 GRENADIER CLOSE?

15 GRENADIER CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 15 on GRENADIER CLOSE.