5, STANDEN CLOSE, RAINHAM, GILLINGHAM, ME8 8RN - £480,000

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 STANDEN CLOSE is a large extended detached house of 154m², built sometime between 1967 and 1975. It was last sold for £480,000 in September 2018, which was around 10% above the average September 2018 detached price in the Medway local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

5 STANDEN CLOSE Sold Prices

Land registry data shows two sales for 5 STANDEN CLOSE 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 5 STANDEN CLOSE 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
2018 25 SEP	£480,000	£435,518	10% above HPI
2000 13 DEC	£187,950	£143,830	31% above HPI

5 STANDEN 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 two 5 STANDEN CLOSE sales from December 2000 and September 2018 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 December 2000 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 STANDEN CLOSE?

5 STANDEN CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 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 STANDEN CLOSE lies on this distribution: 78% of detached houses are smaller than 5 STANDEN CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 STANDEN CLOSE: Plot and Title Map

5 STANDEN CLOSE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 5 STANDEN 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 STANDEN 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 STANDEN CLOSE?

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