2, GRENADIER CLOSE, RAINHAM, GILLINGHAM, ME8 8NQ - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GRENADIER CLOSE is a midsized extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £528,652. It was last sold for £410,000 in July 2017, which was around 11% above the average July 2017 detached price in the Swale local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

2 GRENADIER CLOSE Sold Prices

Land registry data shows six sales for 2 GRENADIER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the six 2 GRENADIER CLOSE 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
2017 20 JUL	£410,000	£367,973	11% above HPI
2013 21 OCT	£293,000	£264,226	11% above HPI
2007 16 NOV	£291,500	£277,096	5% above HPI
2002 25 SEP	£242,000	£186,874	29% above HPI
2001 26 JAN	£185,000	£133,250	39% above HPI
1999 23 JUL	£135,000	£115,624	17% above HPI

2 GRENADIER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The six 2 GRENADIER CLOSE sales between July 1999 and July 2017 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 October 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2017 sale, which was also at 11% above the HPI.

What might 2 GRENADIER CLOSE be worth now?

2 GRENADIER CLOSE might now be worth an estimated £528,652.

This is based on house price inflation of 28.9%, between July 2017 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for 2 GRENADIER CLOSE of £410,000 on 20th July 2017. For the value to have increased from £410,000 to £528,652 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 2 GRENADIER CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2017 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRENADIER CLOSE has not materially changed since July 2017.

How Large is 2 GRENADIER CLOSE?

2 GRENADIER CLOSE is 113m², which includes three extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% 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 2 GRENADIER CLOSE lies on this distribution: 45% of detached houses houses are smaller than 2 GRENADIER CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 GRENADIER CLOSE: Plot and Title Map

2 GRENADIER CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 GRENADIER 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 2 GRENADIER 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 2 GRENADIER CLOSE?

2 GRENADIER CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 2 on GRENADIER CLOSE.