13, RIPON CLOSE, RAINHAM, GILLINGHAM, ME8 7BS - £245,000

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.

13 RIPON CLOSE is a small extended semi-detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £305,113. It was last sold for £245,000 in December 2017, which was around 13% below the average December 2017 semi-detached price in the Medway local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

13 RIPON CLOSE Sold Prices

Land registry data shows one sale for 13 RIPON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2017 8 DEC	£245,000	£280,252	13% below HPI

What might 13 RIPON CLOSE be worth now?

13 RIPON CLOSE might now be worth an estimated £305,113.

This is based on house price inflation of 24.5%, between December 2017 and April 2026, for semi-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 24.5% inflationary increase is applied to the most recent sale price for 13 RIPON CLOSE of £245,000 on 8th December 2017. For the value to have increased from £245,000 to £305,113 over the nine years and eight months to April 2026, the following assumptions must hold true:

• The value of 13 RIPON CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The December 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 13 RIPON CLOSE has not materially changed since December 2017.

How Large is 13 RIPON CLOSE?

13 RIPON CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of semi-detached houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gillingham, and where 13 RIPON CLOSE lies on this distribution: 23% of semi-detached houses are smaller than 13 RIPON CLOSE, and 75% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

13 RIPON CLOSE: Plot

13 RIPON CLOSE sits on a plot of roughly 0.055 of an acre, or 224m².

Where is 13 RIPON CLOSE?

13 RIPON CLOSE is located in RAINHAM, in the ME8 postcode district.