1B, WILLIAM STREET, RAINHAM, GILLINGHAM, ME8 8HN - £337,000

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

1B WILLIAM STREET is a small extended detached house of 91m², built sometime between 2003 and 2006. It was last sold for £337,000 in November 2005, which was around 36% above the average November 2005 detached price in the Medway local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

1B WILLIAM STREET Sold Prices

Land registry data shows two sales for 1B WILLIAM STREET 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 1B WILLIAM STREET sales was for above the average price, whilst the other was 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
2005 7 NOV	£337,000	£247,220	36% above HPI
2005 11 MAR	£220,000	£249,009	12% below HPI

1B WILLIAM STREET 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 1B WILLIAM STREET sales from March 2005 and November 2005 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 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2005 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 1B WILLIAM STREET?

1B WILLIAM STREET is 91m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 1B WILLIAM STREET lies on this distribution: 22% of detached houses are smaller than 1B WILLIAM STREET, and 78% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1B WILLIAM STREET: Plot and Title Map

1B WILLIAM STREET sits on a plot of roughly 0.263 of an acre, or 1,064m². The below map shows the location of 1B WILLIAM STREET, 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 1B WILLIAM STREET). 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 1B WILLIAM STREET?

1B WILLIAM STREET is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 1B on WILLIAM STREET.