2, SWAIN ROAD, GILLINGHAM, ME8 0SN - £603,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 SWAIN ROAD is a very large extended detached house of 187m², built sometime between 1930 and 1949. It was last sold for £603,000 in March 2024, which was around 23% above the average March 2024 detached price in the Medway local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

2 SWAIN ROAD Sold Prices

Land registry data shows two sales for 2 SWAIN ROAD 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 2 SWAIN 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
2024 22 MAR	£603,000	£490,868	23% above HPI
2019 5 SEP	£625,000	£423,543	48% above HPI

2 SWAIN 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 two 2 SWAIN ROAD sales from September 2019 and March 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 September 2019 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the March 2024 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 SWAIN ROAD?

2 SWAIN ROAD is 187m², which includes one extension, according to the EPC inspection conducted in November 2018. 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 SWAIN ROAD lies on this distribution: 91% of detached houses are smaller than 2 SWAIN ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 SWAIN ROAD: Plot and Title Map

2 SWAIN ROAD sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of 2 SWAIN 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 SWAIN 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 SWAIN ROAD?

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