755, LOWER RAINHAM ROAD, RAINHAM, GILLINGHAM, ME8 7UB - £555,000

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

755 LOWER RAINHAM ROAD is a very large detached house of 169m², built sometime from 2007 onwards. It was last sold for £555,000 in June 2021, which was around 23% above the average June 2021 detached price in the Medway local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was B.

755 LOWER RAINHAM ROAD Sold Prices

Land registry data shows two sales for 755 LOWER RAINHAM 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. One of the two 755 LOWER RAINHAM ROAD sales was for above the average price, whilst the other was 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 23 JUN	£555,000	£450,499	23% above HPI
2007 31 AUG	£249,500	£275,939	10% below HPI

755 LOWER RAINHAM 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 755 LOWER RAINHAM ROAD sales from August 2007 and June 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 August 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 755 LOWER RAINHAM ROAD?

755 LOWER RAINHAM ROAD is 169m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 755 LOWER RAINHAM ROAD lies on this distribution: 84% of detached houses are smaller than 755 LOWER RAINHAM ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

755 LOWER RAINHAM ROAD: Plot and Title Map

755 LOWER RAINHAM ROAD sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of 755 LOWER RAINHAM 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 755 LOWER RAINHAM 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 755 LOWER RAINHAM ROAD?

755 LOWER RAINHAM ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 755 on LOWER RAINHAM ROAD.