44, PUMP LANE, RAINHAM, GILLINGHAM, ME8 7AD - £550,000

44 PUMP LANE is a small extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £550,000 in October 2021, which was around 16% above the average October 2021 detached price in the Medway local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

44 PUMP LANE Sold Prices

Land registry data shows four sales for 44 PUMP LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 44 PUMP 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
2021 25 OCT	£550,000	£472,413	16% above HPI
2012 19 OCT	£317,500	£254,369	25% above HPI
2007 7 MAR	£350,000	£263,725	33% above HPI
1999 29 MAR	£150,000	£107,687	39% above HPI

44 PUMP 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 four 44 PUMP LANE sales between March 1999 and October 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 October 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 44 PUMP LANE?

44 PUMP LANE is 106m², which includes one extension, according to the EPC inspection conducted in August 2013. 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 44 PUMP LANE lies on this distribution: 38% of detached houses are smaller than 44 PUMP LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

44 PUMP LANE: Plot and Title Map

44 PUMP LANE sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 44 PUMP 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 44 PUMP 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 44 PUMP LANE?

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