8, MAYFIELD CLOSE, RAINHAM, GILLINGHAM, ME8 7DP - £320,000

8 MAYFIELD CLOSE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £320,000 in March 2021, which was around 28% below the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

8 MAYFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 MAYFIELD 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 8 MAYFIELD CLOSE sales were for below 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 30 MAR	£320,000	£444,521	28% below HPI
2004 13 AUG	£203,000	£248,702	18% below HPI

8 MAYFIELD 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 8 MAYFIELD CLOSE sales from August 2004 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 August 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 MAYFIELD CLOSE?

8 MAYFIELD CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 8 MAYFIELD CLOSE lies on this distribution: 22% of detached houses are smaller than 8 MAYFIELD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 MAYFIELD CLOSE: Plot and Title Map

8 MAYFIELD CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 MAYFIELD 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 8 MAYFIELD 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 8 MAYFIELD CLOSE?

8 MAYFIELD CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 8 on MAYFIELD CLOSE.