93, SILVERSPOT CLOSE, RAINHAM, GILLINGHAM, ME8 8JT - £282,500

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

93 SILVERSPOT CLOSE is a midsized detached house of 123m², built sometime between 1991 and 1995. It was last sold for £282,500 in April 2010, which was around 10% above the average April 2010 detached price in the Medway local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

93 SILVERSPOT CLOSE Sold Prices

Land registry data shows two sales for 93 SILVERSPOT CLOSE since 1^st 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 93 SILVERSPOT CLOSE 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
2010 9 APR	£282,500	£257,607	10% above HPI
1998 24 APR	£133,000	£100,653	32% above HPI

93 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 two 93 SILVERSPOT CLOSE sales from April 1998 and April 2010 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 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2010 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 93 SILVERSPOT CLOSE?

93 SILVERSPOT CLOSE is 123m² according to the EPC inspection conducted in November 2009. This puts it in the largest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 93 SILVERSPOT CLOSE lies on this distribution: 55% of detached houses are smaller than 93 SILVERSPOT CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

93 SILVERSPOT CLOSE: Plot and Title Map

93 SILVERSPOT CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 93 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 93 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 93 SILVERSPOT CLOSE?

93 SILVERSPOT CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 93 on SILVERSPOT CLOSE.