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

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 WOOLBROOK CLOSE is a large detached house of 133m², built sometime between 1996 and 2002. It was last sold for £510,000 in April 2019, which was around 28% 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	£397,208	28% above HPI
2013 1 OCT	£366,500	£265,213	38% above HPI
2002 11 JAN	£248,000	£160,026	55% above HPI
2000 15 SEP	£195,000	£134,404	45% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2019 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

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 in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 2 WOOLBROOK CLOSE lies on this distribution: 66% of detached 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.