40, WEBSTER ROAD, RAINHAM, GILLINGHAM, ME8 7SD - £490,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 WEBSTER ROAD is a small detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £574,125. It was last sold for £490,000 in February 2021, which was around 7% above the average February 2021 detached price in the Medway local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was D.

40 WEBSTER ROAD Sold Prices

Land registry data shows two sales for 40 WEBSTER ROAD 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. Both of the two 40 WEBSTER ROAD 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
2021 8 FEB	£490,000	£459,741	7% above HPI
2001 12 APR	£156,000	£153,762	1% above HPI

40 WEBSTER 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 two 40 WEBSTER ROAD sales from April 2001 and February 2021 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 April 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 40 WEBSTER ROAD be worth now?

40 WEBSTER ROAD might now be worth an estimated £574,125.

This is based on house price inflation of 17.2%, between February 2021 and February 2025, 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 17.2% inflationary increase is applied to the most recent sale price for 40 WEBSTER ROAD of £490,000 on 8th February 2021. For the value to have increased from £490,000 to £574,125 over the four years to February 2025, the following assumptions must hold true:

• The value of 40 WEBSTER ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WEBSTER ROAD has not materially changed since February 2021.

How Large is 40 WEBSTER ROAD?

40 WEBSTER ROAD is 93m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% 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 40 WEBSTER ROAD lies on this distribution: 24% of detached houses houses are smaller than 40 WEBSTER ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

40 WEBSTER ROAD: Plot and Title Map

40 WEBSTER ROAD sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 40 WEBSTER 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 40 WEBSTER 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 40 WEBSTER ROAD?

40 WEBSTER ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 40 on WEBSTER ROAD.