9, OTTERHAM QUAY LANE, RAINHAM, GILLINGHAM, ME8 8LL - £445,000

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

9 OTTERHAM QUAY LANE is a very large detached house of 181m², built sometime between 1967 and 1975. It was last sold for £445,000 in April 2014, which was around 55% above the average April 2014 detached price in the Medway local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

9 OTTERHAM QUAY LANE Sold Prices

Land registry data shows three sales for 9 OTTERHAM QUAY LANE 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 9 OTTERHAM QUAY LANE 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
2014 14 APR	£445,000	£286,994	55% above HPI
2007 17 AUG	£390,000	£275,939	41% above HPI
2004 3 SEP	£377,500	£253,008	49% above HPI

9 OTTERHAM QUAY LANE 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 9 OTTERHAM QUAY LANE sales between September 2004 and April 2014 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2014 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 9 OTTERHAM QUAY LANE?

9 OTTERHAM QUAY LANE is 181m² according to the EPC inspection conducted in February 2024. 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 9 OTTERHAM QUAY LANE lies on this distribution: 89% of detached houses are smaller than 9 OTTERHAM QUAY LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

9 OTTERHAM QUAY LANE: Plot and Title Map

9 OTTERHAM QUAY LANE sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of 9 OTTERHAM QUAY LANE, 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 9 OTTERHAM QUAY LANE). 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 9 OTTERHAM QUAY LANE?

9 OTTERHAM QUAY LANE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 9 on OTTERHAM QUAY LANE.