32, PUMP LANE, RAINHAM, GILLINGHAM, ME8 7AB - £222,000

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

32 PUMP LANE is a small extended detached house of 95m², built sometime between 1900 and 1929. It was last sold for £222,000 in June 2009, which was around 2% below the average June 2009 detached price in the Medway local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

32 PUMP LANE Sold Prices

Land registry data shows two sales for 32 PUMP LANE 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. One of the two 32 PUMP LANE sales was for below the average price, whilst the other was 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
2009 26 JUN	£222,000	£226,199	2% below HPI
1997 18 NOV	£112,000	£98,347	14% above HPI

32 PUMP LANE 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 32 PUMP LANE sales from November 1997 and June 2009 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 November 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2009 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 32 PUMP LANE?

32 PUMP LANE is 95m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 32 PUMP LANE lies on this distribution: 27% of detached houses are smaller than 32 PUMP LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

32 PUMP LANE: Plot and Title Map

32 PUMP LANE sits on a plot of roughly 0.246 of an acre, or 995m². The below map shows the location of 32 PUMP LANE, 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 32 PUMP LANE). 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 32 PUMP LANE?

32 PUMP LANE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 32 on PUMP LANE.