1, JEFFERSON DRIVE, GILLINGHAM, ME8 0DB - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 JEFFERSON DRIVE is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £490,000 in December 2023, which was around 5% below the average December 2023 detached price in the Medway local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

1 JEFFERSON DRIVE Sold Prices

Land registry data shows two sales for 1 JEFFERSON DRIVE 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. One of the two 1 JEFFERSON DRIVE sales was for below the average price, whilst the other was 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
2023 15 DEC	£490,000	£514,118	5% below HPI
1996 29 NOV	£103,000	£87,203	18% above HPI

1 JEFFERSON DRIVE 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 1 JEFFERSON DRIVE sales from November 1996 and December 2023 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 November 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 JEFFERSON DRIVE?

1 JEFFERSON DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 1 JEFFERSON DRIVE lies on this distribution: 52% of detached houses are smaller than 1 JEFFERSON DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 JEFFERSON DRIVE: Plot and Title Map

1 JEFFERSON DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 JEFFERSON DRIVE, 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 1 JEFFERSON DRIVE). 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 1 JEFFERSON DRIVE?

1 JEFFERSON DRIVE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 1 on JEFFERSON DRIVE.