15, STANDEN CLOSE, RAINHAM, GILLINGHAM, ME8 8RN - £425,000

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

15 STANDEN CLOSE is a midsized extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £425,000 in February 2021, which was around 5% below the average February 2021 detached price in the Medway local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

15 STANDEN CLOSE Sold Prices

Land registry data shows four sales for 15 STANDEN 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 Medway local authority area for the corresponding sale date. Most of the four 15 STANDEN 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
2021 4 FEB	£425,000	£447,652	5% below HPI
2009 9 JUL	£249,995	£230,409	9% above HPI
2005 4 MAY	£250,000	£248,182	1% above HPI
2000 4 SEP	£145,000	£144,025	1% above HPI

15 STANDEN 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 four 15 STANDEN CLOSE sales between September 2000 and February 2021 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 July 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 15 STANDEN CLOSE?

15 STANDEN CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in April 2009. 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 15 STANDEN CLOSE lies on this distribution: 53% of detached houses are smaller than 15 STANDEN CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

15 STANDEN CLOSE: Plot and Title Map

15 STANDEN CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 15 STANDEN 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 STANDEN 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 STANDEN CLOSE?

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