20, GRAIN ROAD, GILLINGHAM, ME8 0NB - £425,000

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

20 GRAIN ROAD is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £426,906. It was last sold for £425,000 in November 2024, which was around 20% below the average November 2024 detached price in the Medway local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

20 GRAIN ROAD Sold Prices

Land registry data shows three sales for 20 GRAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the three 20 GRAIN ROAD sales was for below the average price, whilst two 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 26 NOV	£425,000	£530,223	20% below HPI
2006 30 JUN	£270,000	£257,737	5% above HPI
1997 3 OCT	£112,000	£100,869	11% above HPI

20 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 three 20 GRAIN ROAD sales between October 1997 and November 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 June 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 20 GRAIN ROAD be worth now?

20 GRAIN ROAD might now be worth an estimated £426,906.

This is based on house price inflation of 0.4%, between November 2024 and December 2024, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% inflationary increase is applied to the most recent sale price for 20 GRAIN ROAD of £425,000 on 26th November 2024. For the value to have increased from £425,000 to £426,906 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 20 GRAIN ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 20 GRAIN ROAD has not materially changed since November 2024.

How Large is 20 GRAIN ROAD?

20 GRAIN ROAD is 67m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% 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 20 GRAIN ROAD lies on this distribution: 6% of detached houses houses are smaller than 20 GRAIN ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

20 GRAIN ROAD: Plot and Title Map

20 GRAIN ROAD sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 20 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 20 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 20 GRAIN ROAD?

20 GRAIN ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 20 on GRAIN ROAD.