4, THE CROFTERS, RAINHAM, GILLINGHAM, ME8 8DF - £550,000

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

4 THE CROFTERS is a very large extended detached house of 165m², built sometime between 1996 and 2002. It was last sold for £550,000 in September 2020, which was around 26% above the average September 2020 detached price in the Medway local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

4 THE CROFTERS Sold Prices

Land registry data shows three sales for 4 THE CROFTERS 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 4 THE CROFTERS 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
2020 25 SEP	£550,000	£435,215	26% above HPI
2006 8 JUN	£275,000	£250,960	10% above HPI
2002 22 OCT	£232,000	£205,374	13% above HPI

4 THE CROFTERS 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 4 THE CROFTERS sales between October 2002 and September 2020 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 4 THE CROFTERS?

4 THE CROFTERS is 165m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 4 THE CROFTERS lies on this distribution: 82% of detached houses are smaller than 4 THE CROFTERS, and 17% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

4 THE CROFTERS: Plot and Title Map

4 THE CROFTERS sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 4 THE CROFTERS, 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 4 THE CROFTERS). 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 4 THE CROFTERS?

4 THE CROFTERS is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 4 on THE CROFTERS.