38, WOOLBROOK CLOSE, RAINHAM, GILLINGHAM, ME8 8ST - £587,000

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

38 WOOLBROOK CLOSE is a large extended detached house of 142m², built sometime between 1996 and 2002. It was last sold for £587,000 in May 2023, which was around 21% above the average May 2023 detached price in the Swale local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

38 WOOLBROOK CLOSE Sold Prices

Land registry data shows three sales for 38 WOOLBROOK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the three 38 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
2023 9 MAY	£587,000	£483,237	21% above HPI
2002 2 MAY	£230,000	£169,265	36% above HPI
1999 19 NOV	£160,000	£119,866	33% above HPI

38 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 three 38 WOOLBROOK CLOSE sales between November 1999 and May 2023 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 May 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 38 WOOLBROOK CLOSE?

38 WOOLBROOK CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 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 38 WOOLBROOK CLOSE lies on this distribution: 72% of detached houses are smaller than 38 WOOLBROOK CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

38 WOOLBROOK CLOSE: Plot and Title Map

38 WOOLBROOK CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 38 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 38 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 38 WOOLBROOK CLOSE?

38 WOOLBROOK CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 38 on WOOLBROOK CLOSE.