7, HARTPIECE CLOSE, RAINHAM, GILLINGHAM, ME8 7SX - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 HARTPIECE CLOSE is a very small detached house of 35m², built sometime between 1930 and 1949. It was last sold for £230,000 in February 2019, which was around 47% below the average February 2019 detached price in the Medway local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

7 HARTPIECE CLOSE Sold Prices

Land registry data shows two sales for 7 HARTPIECE 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 7 HARTPIECE 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
2019 1 FEB	£230,000	£430,238	47% below HPI
2001 30 AUG	£87,000	£159,242	45% below HPI

7 HARTPIECE 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 7 HARTPIECE CLOSE sales from August 2001 and February 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 August 2001 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 7 HARTPIECE CLOSE?

7 HARTPIECE CLOSE is 35m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 7 HARTPIECE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 7 HARTPIECE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

7 HARTPIECE CLOSE: Plot and Title Map

7 HARTPIECE CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 7 HARTPIECE 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 7 HARTPIECE 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 7 HARTPIECE CLOSE?

7 HARTPIECE CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 7 on HARTPIECE CLOSE.