17, STANDEN CLOSE, RAINHAM, GILLINGHAM, ME8 8RN - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 STANDEN CLOSE is a small detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £469,197. It was last sold for £380,000 in May 2020, which was around 13% below the average May 2020 detached price in the Medway local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

17 STANDEN CLOSE Sold Prices

Land registry data shows two sales for 17 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. Both of the two 17 STANDEN CLOSE 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
2020 29 MAY	£380,000	£436,267	13% below HPI
2014 7 MAR	£250,000	£292,238	14% below HPI

17 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 17 STANDEN CLOSE sales from March 2014 and May 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 March 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 17 STANDEN CLOSE be worth now?

17 STANDEN CLOSE might now be worth an estimated £469,197.

This is based on house price inflation of 23.5%, between May 2020 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 17 STANDEN CLOSE of £380,000 on 29th May 2020. For the value to have increased from £380,000 to £469,197 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 17 STANDEN CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 17 STANDEN CLOSE has not materially changed since May 2020.

How Large is 17 STANDEN CLOSE?

17 STANDEN CLOSE is 99m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 17 STANDEN CLOSE lies on this distribution: 30% of detached houses houses are smaller than 17 STANDEN CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

17 STANDEN CLOSE: Plot and Title Map

17 STANDEN CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 17 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 17 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 17 STANDEN CLOSE?

17 STANDEN CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 17 on STANDEN CLOSE.