2, GRAIN ROAD, GILLINGHAM, ME8 0NB - £745,000

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

2 GRAIN ROAD is a very large detached house of 229m², built sometime between 1991 and 1995. It was last sold for £745,000 in April 2021, which was around 68% above the average April 2021 detached price in the Medway local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

2 GRAIN ROAD Sold Prices

Land registry data shows four sales for 2 GRAIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 2 GRAIN ROAD sales were 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
2021 1 APR	£745,000	£443,000	68% above HPI
2017 19 JAN	£800,000	£403,952	98% above HPI
2010 8 MAR	£450,000	£255,558	76% above HPI
2000 30 NOV	£300,000	£145,186	107% above HPI

2 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 four 2 GRAIN ROAD sales between November 2000 and April 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 January 2017 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the April 2021 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 2 GRAIN ROAD?

2 GRAIN ROAD is 229m² according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 2 GRAIN ROAD lies on this distribution: 96% of detached houses are smaller than 2 GRAIN ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 GRAIN ROAD: Plot and Title Map

2 GRAIN ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 2 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 2 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 2 GRAIN ROAD?

2 GRAIN ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 2 on GRAIN ROAD.