44, CRANFORD CLOSE, RAINHAM, GILLINGHAM, ME8 7HD - £700,000

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.

44 CRANFORD CLOSE is a large detached house of 145m², built in 2011, which could now be worth an estimated £806,402. It was last sold for £700,000 in March 2021, which was around 53% above the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

44 CRANFORD CLOSE Sold Prices

Land registry data shows two sales for 44 CRANFORD 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 44 CRANFORD 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
2021 23 MAR	£700,000	£456,525	53% above HPI
2013 4 JAN	£361,500	£269,321	34% above HPI

44 CRANFORD 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 44 CRANFORD CLOSE sales from January 2013 and March 2021 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 January 2013 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 44 CRANFORD CLOSE be worth now?

44 CRANFORD CLOSE might now be worth an estimated £806,402.

This is based on house price inflation of 15.2%, between March 2021 and May 2026, for 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 15.2% inflationary increase is applied to the most recent sale price for 44 CRANFORD CLOSE of £700,000 on 23rd March 2021. For the value to have increased from £700,000 to £806,402 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 44 CRANFORD CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2021 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 44 CRANFORD CLOSE has not materially changed since March 2021.

How Large is 44 CRANFORD CLOSE?

44 CRANFORD CLOSE is 145m² according to the EPC inspection conducted in December 2012. This puts it in the largest 30% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 44 CRANFORD CLOSE lies on this distribution: 73% of detached houses houses are smaller than 44 CRANFORD CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

44 CRANFORD CLOSE: Plot and Title Map

44 CRANFORD CLOSE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 44 CRANFORD 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 44 CRANFORD 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 44 CRANFORD CLOSE?

44 CRANFORD CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 44 on CRANFORD CLOSE.