763, LOWER RAINHAM ROAD, RAINHAM, GILLINGHAM, ME8 7UB - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

763 LOWER RAINHAM ROAD is a small extended detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £648,337. It was last sold for £295,000 in April 2004, which was around 22% above the average April 2004 detached price in the Medway local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

763 LOWER RAINHAM ROAD Sold Prices

Land registry data shows two sales for 763 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. Both of the two 763 LOWER RAINHAM ROAD 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
2004 8 APR	£295,000	£242,339	22% above HPI
1999 20 SEP	£150,000	£119,242	26% above HPI

763 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 763 LOWER RAINHAM ROAD sales from September 1999 and April 2004 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 September 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2004 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 763 LOWER RAINHAM ROAD be worth now?

763 LOWER RAINHAM ROAD might now be worth an estimated £648,337.

This is based on house price inflation of 119.8%, between April 2004 and December 2024, 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 119.8% inflationary increase is applied to the most recent sale price for 763 LOWER RAINHAM ROAD of £295,000 on 8th April 2004. For the value to have increased from £295,000 to £648,337 over the nineteen years and four months to December 2024, the following assumptions must hold true:

• The value of 763 LOWER RAINHAM ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The April 2004 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 763 LOWER RAINHAM ROAD has not materially changed since April 2004.

How Large is 763 LOWER RAINHAM ROAD?

763 LOWER RAINHAM ROAD is 104m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% 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 763 LOWER RAINHAM ROAD lies on this distribution: 35% of detached houses houses are smaller than 763 LOWER RAINHAM ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

763 LOWER RAINHAM ROAD: Plot and Title Map

763 LOWER RAINHAM ROAD sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of 763 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 763 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 763 LOWER RAINHAM ROAD?

763 LOWER RAINHAM ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 763 on LOWER RAINHAM ROAD.