41, GRAIN ROAD, GILLINGHAM, ME8 0NB - £650,000

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

41 GRAIN ROAD is a very large extended detached house of 195m², built sometime between 1950 and 1966. It was last sold for £650,000 in December 2022, which was around 23% above the average December 2022 detached price in the Medway local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

41 GRAIN ROAD Sold Prices

Land registry data shows two sales for 41 GRAIN 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 41 GRAIN 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
2022 15 DEC	£650,000	£527,536	23% above HPI
2013 14 JUN	£277,000	£264,726	5% above HPI

41 GRAIN 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 41 GRAIN ROAD sales from June 2013 and December 2022 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 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 41 GRAIN ROAD?

41 GRAIN ROAD is 195m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 41 GRAIN ROAD lies on this distribution: 92% of detached houses are smaller than 41 GRAIN ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

41 GRAIN ROAD: Plot and Title Map

41 GRAIN ROAD sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 41 GRAIN 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 41 GRAIN 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 41 GRAIN ROAD?

41 GRAIN ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 41 on GRAIN ROAD.