116, PUMP LANE, RAINHAM, GILLINGHAM, ME8 7AP - £104,000

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.

116 PUMP LANE is a very small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £492,375. It was last sold for £104,000 in April 1999, which was around 6% below the average April 1999 detached price in the Medway local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

116 PUMP LANE Sold Prices

Land registry data shows one sale for 116 PUMP LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1999 1 APR	£104,000	£111,085	6% below HPI

What might 116 PUMP LANE be worth now?

116 PUMP LANE might now be worth an estimated £492,375.

This is based on house price inflation of 373.4%, between April 1999 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 373.4% inflationary increase is applied to the most recent sale price for 116 PUMP LANE of £104,000 on 1st April 1999. For the value to have increased from £104,000 to £492,375 over the 26 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 116 PUMP LANE has moved in line with the HPI for detached houses in the Medway local authority area.
• The April 1999 sale price of £104,000 represented a fair market value for the property.
• The size, condition, and specification of 116 PUMP LANE has not materially changed since April 1999.

How Large is 116 PUMP LANE?

116 PUMP LANE is 75m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 116 PUMP LANE lies on this distribution: 10% of detached houses are smaller than 116 PUMP LANE, and 90% of detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

116 PUMP LANE: Plot

116 PUMP LANE sits on a plot of roughly 0.059 of an acre, or 238m².

Where is 116 PUMP LANE?

116 PUMP LANE is located in RAINHAM, in the ME8 postcode district.