91, SILVERSPOT CLOSE, RAINHAM, GILLINGHAM, ME8 8JT - £245,000

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

91 SILVERSPOT CLOSE is a small extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £245,000 in September 2012, which was around 5% below the average September 2012 detached price in the Medway local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

91 SILVERSPOT CLOSE Sold Prices

Land registry data shows three sales for 91 SILVERSPOT CLOSE 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 91 SILVERSPOT CLOSE sales were for below the average price, whilst one was 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 7 SEP	£245,000	£257,984	5% below HPI
2001 6 DEC	£162,000	£167,454	3% below HPI
1998 29 APR	£118,000	£100,653	17% above HPI

91 SILVERSPOT CLOSE 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 91 SILVERSPOT CLOSE sales between April 1998 and September 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 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 91 SILVERSPOT CLOSE?

91 SILVERSPOT CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 91 SILVERSPOT CLOSE lies on this distribution: 37% of detached houses are smaller than 91 SILVERSPOT CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

91 SILVERSPOT CLOSE: Plot and Title Map

91 SILVERSPOT CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 91 SILVERSPOT CLOSE, 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 91 SILVERSPOT CLOSE). 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 91 SILVERSPOT CLOSE?

91 SILVERSPOT CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 91 on SILVERSPOT CLOSE.