18, GRAIN ROAD, GILLINGHAM, ME8 0NB - £325,000

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 GRAIN ROAD is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £325,000 in May 2024, which was around 35% below the average May 2024 detached price in the Medway local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

18 GRAIN ROAD Sold Prices

Land registry data shows three sales for 18 GRAIN 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. Two of the three 18 GRAIN ROAD sales were for below the average price, whilst one 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
2024 7 MAY	£325,000	£503,401	35% below HPI
2023 13 FEB	£345,000	£530,343	35% below HPI
1999 25 MAR	£165,000	£107,687	53% above HPI

18 GRAIN 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 18 GRAIN ROAD sales between March 1999 and May 2024 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 February 2023 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2024 sale, which was also at 35% below the HPI.

How Large is 18 GRAIN ROAD?

18 GRAIN ROAD is 106m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% 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 GRAIN ROAD lies on this distribution: 38% of detached houses are smaller than 18 GRAIN ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 GRAIN ROAD: Plot and Title Map

18 GRAIN ROAD sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 18 GRAIN 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 18 GRAIN 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 18 GRAIN ROAD?

18 GRAIN ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 18 on GRAIN ROAD.