Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
794 LOWER RAINHAM ROAD is a large extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £275,000 in December 2012, which was around 7% above the average December 2012 detached price in the Medway local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 794 LOWER RAINHAM ROAD since 1st 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 794 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 |
---|---|---|---|
2012 14 DEC | £275,000 | £257,453 | 7% above HPI |
1996 24 DEC | £106,000 | £87,350 | 21% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 794 LOWER RAINHAM ROAD sales from December 1996 and December 2012 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 December 1996 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2012 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
794 LOWER RAINHAM ROAD is 133m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 794 LOWER RAINHAM ROAD lies on this distribution: 66% of detached houses are smaller than 794 LOWER RAINHAM ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Gillingham.
794 LOWER RAINHAM ROAD sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of 794 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 794 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.
794 LOWER RAINHAM ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 794 on LOWER RAINHAM ROAD.