51, LONDON ROAD, RAINHAM, GILLINGHAM, ME8 7RG - £550,000

51 LONDON ROAD is a large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £550,000 in November 2021, which was around 15% above the average November 2021 detached price in the Medway local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

51 LONDON ROAD Sold Prices

Land registry data shows two sales for 51 LONDON ROAD 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 51 LONDON ROAD 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 17 NOV	£550,000	£478,575	15% above HPI
2002 1 MAY	£200,000	£178,532	12% above HPI

51 LONDON ROAD 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 51 LONDON ROAD sales from May 2002 and November 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 May 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 51 LONDON ROAD?

51 LONDON ROAD is 142m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 51 LONDON ROAD lies on this distribution: 72% of detached houses are smaller than 51 LONDON ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

51 LONDON ROAD: Plot and Title Map

51 LONDON ROAD sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 51 LONDON 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 51 LONDON 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 51 LONDON ROAD?

51 LONDON ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 51 on LONDON ROAD.