24, BROOMCROFT ROAD, RAINHAM, GILLINGHAM, ME8 7NS - £214,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 BROOMCROFT ROAD is a very small extended detached house of 43m², built sometime between 1950 and 1966. It was last sold for £214,000 in August 2011, which was around 16% below the average August 2011 detached price in the Medway local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

24 BROOMCROFT ROAD Sold Prices

Land registry data shows three sales for 24 BROOMCROFT 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. All of the three 24 BROOMCROFT ROAD sales were for below 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
2011 5 AUG	£214,000	£255,508	16% below HPI
2007 16 JUN	£230,000	£269,274	15% below HPI
2006 30 NOV	£175,000	£261,847	33% below HPI

24 BROOMCROFT 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 24 BROOMCROFT ROAD sales between November 2006 and August 2011 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2011 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 24 BROOMCROFT ROAD?

24 BROOMCROFT ROAD is 43m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 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 24 BROOMCROFT ROAD lies on this distribution: Less than 1% of detached houses are smaller than 24 BROOMCROFT ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

24 BROOMCROFT ROAD: Plot and Title Map

24 BROOMCROFT ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 24 BROOMCROFT 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 24 BROOMCROFT 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 24 BROOMCROFT ROAD?

24 BROOMCROFT ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 24 on BROOMCROFT ROAD.