18, CHESTFIELD CLOSE, RAINHAM, GILLINGHAM, ME8 7DR - £280,000

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

18 CHESTFIELD CLOSE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £280,000 in October 2019, which was around 34% below the average October 2019 detached price in the Medway local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

18 CHESTFIELD CLOSE Sold Prices

Land registry data shows two sales for 18 CHESTFIELD 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 18 CHESTFIELD 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
2019 28 OCT	£280,000	£424,533	34% below HPI
2011 4 NOV	£165,000	£255,603	35% below HPI

18 CHESTFIELD 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 18 CHESTFIELD CLOSE sales from November 2011 and October 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 November 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 18 CHESTFIELD CLOSE?

18 CHESTFIELD CLOSE is 80m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 18 CHESTFIELD CLOSE lies on this distribution: 14% of detached houses are smaller than 18 CHESTFIELD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 CHESTFIELD CLOSE: Plot and Title Map

18 CHESTFIELD CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 18 CHESTFIELD 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 18 CHESTFIELD 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 18 CHESTFIELD CLOSE?

18 CHESTFIELD CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 18 on CHESTFIELD CLOSE.