16, STANDEN CLOSE, RAINHAM, GILLINGHAM, ME8 8RN - £387,000

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

16 STANDEN CLOSE is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £387,000 in November 2020, which was around 12% below the average November 2020 detached price in the Medway local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

16 STANDEN CLOSE Sold Prices

Land registry data shows two sales for 16 STANDEN 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. One of the two 16 STANDEN CLOSE sales was for below the average price, whilst the other was 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 12 NOV	£387,000	£441,784	12% below HPI
1997 26 SEP	£98,000	£96,645	1% above HPI

16 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 two 16 STANDEN CLOSE sales from September 1997 and November 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 September 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 STANDEN CLOSE?

16 STANDEN CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 STANDEN CLOSE lies on this distribution: 48% of detached houses are smaller than 16 STANDEN CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 STANDEN CLOSE: Plot and Title Map

16 STANDEN CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 16 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 16 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 16 STANDEN CLOSE?

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