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

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.

5 STANDEN CLOSE is a large extended detached house of 154m², built sometime between 1967 and 1975, which could now be worth an estimated £578,078. It was last sold for £480,000 in September 2018, which was around 7% 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	£447,279	7% above HPI
2000 13 DEC	£187,950	£147,714	27% 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 STANDEN CLOSE be worth now?

5 STANDEN CLOSE might now be worth an estimated £578,078.

This is based on house price inflation of 20.4%, between September 2018 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 20.4% inflationary increase is applied to the most recent sale price for 5 STANDEN CLOSE of £480,000 on 25th September 2018. For the value to have increased from £480,000 to £578,078 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 STANDEN CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STANDEN CLOSE has not materially changed since September 2018.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 5 STANDEN CLOSE lies on this distribution: 78% of detached houses 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.