51, WAKELEY ROAD, RAINHAM, GILLINGHAM, ME8 8HD - £420,000

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

51 WAKELEY ROAD is a midsized extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £420,000 in September 2019, which was around 1% below the average September 2019 detached price in the Medway local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

51 WAKELEY ROAD Sold Prices

Land registry data shows two sales for 51 WAKELEY 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 51 WAKELEY ROAD 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
2019 30 SEP	£420,000	£423,543	1% below HPI
1996 23 FEB	£72,500	£84,520	14% below HPI

51 WAKELEY 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 51 WAKELEY ROAD sales from February 1996 and September 2019 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 February 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 51 WAKELEY ROAD?

51 WAKELEY ROAD is 115m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 51 WAKELEY ROAD lies on this distribution: 48% of detached houses are smaller than 51 WAKELEY ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

51 WAKELEY ROAD: Plot and Title Map

51 WAKELEY ROAD sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 51 WAKELEY 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 51 WAKELEY 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 51 WAKELEY ROAD?

51 WAKELEY ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 51 on WAKELEY ROAD.