8, RUTLAND PLACE, GILLINGHAM, ME8 0LG - £457,500

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

8 RUTLAND PLACE is a small detached house of 106m², built sometime between 1930 and 1949. It was last sold for £457,500 in May 2018, which was around 8% above the average May 2018 detached price in the Medway local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was D.

8 RUTLAND PLACE Sold Prices

Land registry data shows three sales for 8 RUTLAND PLACE 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. All of the three 8 RUTLAND PLACE 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
2018 24 MAY	£457,500	£423,855	8% above HPI
2007 25 APR	£275,000	£263,426	4% above HPI
1996 26 JUN	£92,500	£82,306	12% above HPI

8 RUTLAND PLACE 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 8 RUTLAND PLACE sales between June 1996 and May 2018 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 April 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 8 RUTLAND PLACE?

8 RUTLAND PLACE is 106m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 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 8 RUTLAND PLACE lies on this distribution: 38% of detached houses are smaller than 8 RUTLAND PLACE, and 61% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 RUTLAND PLACE: Plot and Title Map

8 RUTLAND PLACE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 8 RUTLAND PLACE, 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 8 RUTLAND PLACE). 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 8 RUTLAND PLACE?

8 RUTLAND PLACE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 8 on RUTLAND PLACE.