161, RAINHAM ROAD, GILLINGHAM, ME7 5NQ - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

161 RAINHAM ROAD is a small extended detached house of 88m², built sometime between 1900 and 1929. It was last sold for £285,000 in November 2021, which was around 40% below the average November 2021 detached price in the Medway local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

161 RAINHAM ROAD Sold Prices

Land registry data shows three sales for 161 RAINHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 161 RAINHAM ROAD sales were for below 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 5 NOV	£285,000	£478,575	40% below HPI
2006 30 JUN	£138,000	£250,960	45% below HPI
1996 27 SEP	£42,000	£86,777	52% below HPI

161 RAINHAM ROAD 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 three 161 RAINHAM ROAD sales between September 1996 and November 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 June 2006 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 161 RAINHAM ROAD?

161 RAINHAM ROAD is 88m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 161 RAINHAM ROAD lies on this distribution: 23% of detached houses are smaller than 161 RAINHAM ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Chatham.

161 RAINHAM ROAD: Plot and Title Map

161 RAINHAM ROAD sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 161 RAINHAM ROAD, 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 161 RAINHAM ROAD). 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 161 RAINHAM ROAD?

161 RAINHAM ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 161 on RAINHAM ROAD.