16, GRENADIER CLOSE, RAINHAM, GILLINGHAM, ME8 8NQ - £430,000

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

16 GRENADIER CLOSE is a midsized extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £430,000 in May 2019, which was around 8% above the average May 2019 detached price in the Swale local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

16 GRENADIER CLOSE Sold Prices

Land registry data shows three sales for 16 GRENADIER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the three 16 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
2019 16 MAY	£430,000	£397,086	8% above HPI
2002 22 MAY	£239,995	£169,265	42% above HPI
1999 9 JUL	£146,500	£116,056	26% above HPI

16 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 three 16 GRENADIER CLOSE sales between July 1999 and May 2019 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 May 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 16 GRENADIER CLOSE?

16 GRENADIER CLOSE is 124m², which includes three extensions, according to the EPC inspection conducted in November 2017. 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 16 GRENADIER CLOSE lies on this distribution: 57% of detached houses are smaller than 16 GRENADIER CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 GRENADIER CLOSE: Plot and Title Map

16 GRENADIER CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 16 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 16 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 16 GRENADIER CLOSE?

16 GRENADIER CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 16 on GRENADIER CLOSE.