23B, WEBSTER ROAD, RAINHAM, GILLINGHAM, ME8 7SD - £282,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23B WEBSTER ROAD is a small semi-detached house of 90m², built in 2015, which could now be worth an estimated £349,814. It was last sold for £282,500 in July 2019, which was about the average July 2019 semi-detached price in the Medway local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was B.

23B WEBSTER ROAD Sold Prices

Land registry data shows two sales for 23B WEBSTER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. One of the two 23B WEBSTER ROAD sales was roughly equal to the average price, whilst the other 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
2019 12 JUL	£282,500	£281,854	Close to HPI
2017 28 APR	£300,000	£269,716	11% above HPI

23B WEBSTER ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 23B WEBSTER ROAD sales from April 2017 and July 2019 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 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 23B WEBSTER ROAD be worth now?

23B WEBSTER ROAD might now be worth an estimated £349,814.

This is based on house price inflation of 23.8%, between July 2019 and April 2026, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.8% inflationary increase is applied to the most recent sale price for 23B WEBSTER ROAD of £282,500 on 12th July 2019. For the value to have increased from £282,500 to £349,814 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of 23B WEBSTER ROAD has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2019 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 23B WEBSTER ROAD has not materially changed since July 2019.

How Large is 23B WEBSTER ROAD?

23B WEBSTER ROAD is 90m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 23B WEBSTER ROAD lies on this distribution: 21% of semi-detached houses houses are smaller than 23B WEBSTER ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

23B WEBSTER ROAD: Plot and Title Map

23B WEBSTER ROAD sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 23B WEBSTER 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 23B WEBSTER 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.

Where is 23B WEBSTER ROAD?

23B WEBSTER ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 23B on WEBSTER ROAD.