5, CALDECOTE CLOSE, RAINHAM, GILLINGHAM, ME8 8TP - £375,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

5 CALDECOTE CLOSE is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £375,000 in August 2021, which was around 18% below the average August 2021 detached price in the Medway local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

5 CALDECOTE CLOSE Sold Prices

Land registry data shows three sales for 5 CALDECOTE 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 Medway local authority area for the corresponding sale date. All of the three 5 CALDECOTE CLOSE sales were for below 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 18 AUG	£375,000	£457,873	18% below HPI
2006 28 JUL	£235,000	£253,643	7% below HPI
1996 27 JUN	£77,000	£82,306	6% below HPI

5 CALDECOTE CLOSE 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 5 CALDECOTE CLOSE sales between June 1996 and August 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 July 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 CALDECOTE CLOSE?

5 CALDECOTE CLOSE is 98m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 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 5 CALDECOTE CLOSE lies on this distribution: 29% of detached houses are smaller than 5 CALDECOTE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 CALDECOTE CLOSE: Plot and Title Map

5 CALDECOTE CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 5 CALDECOTE 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 5 CALDECOTE 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 5 CALDECOTE CLOSE?

5 CALDECOTE CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 5 on CALDECOTE CLOSE.