48, WALLBRIDGE LANE, RAINHAM, GILLINGHAM, ME8 7XH - £312,000

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.

48 WALLBRIDGE LANE is a midsized extended detached house of 150m², built sometime between 1930 and 1949, which could now be worth an estimated £357,499. It was last sold for £312,000 in April 2021, which was around 25% below the average April 2021 detached price in the Swale local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

48 WALLBRIDGE LANE Sold Prices

Land registry data shows four sales for 48 WALLBRIDGE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. two of the four 48 WALLBRIDGE LANE sales were for below the average price, and four 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 19 APR	£312,000	£415,310	25% below HPI
2019 21 OCT	£255,000	£407,577	37% below HPI
2000 30 JUN	£193,000	£126,316	53% above HPI
1997 14 APR	£126,000	£88,884	42% above HPI

48 WALLBRIDGE LANE 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 four 48 WALLBRIDGE LANE sales between April 1997 and April 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 October 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 48 WALLBRIDGE LANE be worth now?

48 WALLBRIDGE LANE might now be worth an estimated £357,499.

This is based on house price inflation of 14.6%, between April 2021 and March 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 48 WALLBRIDGE LANE of £312,000 on 19th April 2021. For the value to have increased from £312,000 to £357,499 over the four years and one month to March 2025, the following assumptions must hold true:

• The value of 48 WALLBRIDGE LANE has moved in line with the HPI for detached houses in the Swale local authority area.
• The April 2021 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 48 WALLBRIDGE LANE has not materially changed since April 2021.

How Large is 48 WALLBRIDGE LANE?

48 WALLBRIDGE LANE is 150m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses houses in Upchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upchurch, and where 48 WALLBRIDGE LANE lies on this distribution: 56% of detached houses houses are smaller than 48 WALLBRIDGE LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Upchurch.

48 WALLBRIDGE LANE: Plot and Title Map

48 WALLBRIDGE LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 48 WALLBRIDGE 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 48 WALLBRIDGE 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 48 WALLBRIDGE LANE?

48 WALLBRIDGE LANE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 48 on WALLBRIDGE LANE.