788, LOWER RAINHAM ROAD, RAINHAM, GILLINGHAM, ME8 7UD - £675,000

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.

788 LOWER RAINHAM ROAD is a very large detached house of 186m², built sometime between 2003 and 2006, which could now be worth an estimated £693,793. It was last sold for £675,000 in November 2024, which was around 29% above the average November 2024 detached price in the Medway local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

788 LOWER RAINHAM ROAD Sold Prices

Land registry data shows three sales for 788 LOWER RAINHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Two of the three 788 LOWER RAINHAM ROAD sales were for above the average price, whilst one 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
2024 21 NOV	£675,000	£524,080	29% above HPI
2014 11 JUL	£280,000	£308,480	9% below HPI
1999 7 JUL	£128,000	£113,966	12% above HPI

788 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 three 788 LOWER RAINHAM ROAD sales between July 1999 and November 2024 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 July 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2024 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 788 LOWER RAINHAM ROAD be worth now?

788 LOWER RAINHAM ROAD might now be worth an estimated £693,793.

This is based on house price inflation of 2.8%, between November 2024 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 2.8% inflationary increase is applied to the most recent sale price for 788 LOWER RAINHAM ROAD of £675,000 on 21st November 2024. For the value to have increased from £675,000 to £693,793 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 788 LOWER RAINHAM ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2024 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 788 LOWER RAINHAM ROAD has not materially changed since November 2024.

How Large is 788 LOWER RAINHAM ROAD?

788 LOWER RAINHAM ROAD is 186m² according to the EPC inspection conducted in April 2024. This puts it in the largest 10% 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 788 LOWER RAINHAM ROAD lies on this distribution: 90% of detached houses houses are smaller than 788 LOWER RAINHAM ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

788 LOWER RAINHAM ROAD: Plot and Title Map

788 LOWER RAINHAM ROAD sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 788 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 788 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 788 LOWER RAINHAM ROAD?

788 LOWER RAINHAM ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 788 on LOWER RAINHAM ROAD.