2, WOOLBROOK CLOSE, RAINHAM, GILLINGHAM, ME8 8ST - £510,000

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 WOOLBROOK CLOSE is a large detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £617,123. It was last sold for £510,000 in April 2019, which was around 29% above the average April 2019 detached price in the Swale local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

2 WOOLBROOK CLOSE Sold Prices

Land registry data shows four sales for 2 WOOLBROOK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 2 WOOLBROOK 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
2019 17 APR	£510,000	£395,730	29% above HPI
2013 1 OCT	£366,500	£264,226	39% above HPI
2002 11 JAN	£248,000	£159,430	56% above HPI
2000 15 SEP	£195,000	£133,903	46% above HPI

2 WOOLBROOK 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 four 2 WOOLBROOK CLOSE sales between September 2000 and April 2019 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 WOOLBROOK CLOSE be worth now?

2 WOOLBROOK CLOSE might now be worth an estimated £617,123.

This is based on house price inflation of 21%, between April 2019 and December 2024, 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 21% inflationary increase is applied to the most recent sale price for 2 WOOLBROOK CLOSE of £510,000 on 17th April 2019. For the value to have increased from £510,000 to £617,123 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 2 WOOLBROOK CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The April 2019 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOOLBROOK CLOSE has not materially changed since April 2019.

How Large is 2 WOOLBROOK CLOSE?

2 WOOLBROOK CLOSE is 133m² according to the EPC inspection conducted in January 2013. This puts it in the largest 40% 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 WOOLBROOK CLOSE lies on this distribution: 66% of detached houses houses are smaller than 2 WOOLBROOK CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 WOOLBROOK CLOSE: Plot and Title Map

2 WOOLBROOK CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 2 WOOLBROOK 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 WOOLBROOK 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 WOOLBROOK CLOSE?

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