1, SHELDEN DRIVE, RAINHAM, GILLINGHAM, ME8 8JX - £246,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 SHELDEN DRIVE is a midsized extended detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £621,183. It was last sold for £246,000 in October 2002, which was around 17% above the average October 2002 detached price in the Medway local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

1 SHELDEN DRIVE Sold Prices

Land registry data shows two sales for 1 SHELDEN 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. Both of the two 1 SHELDEN DRIVE 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
2002 10 OCT	£246,000	£210,920	17% above HPI
1999 17 MAY	£130,000	£113,411	15% above HPI

1 SHELDEN 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 SHELDEN DRIVE sales from May 1999 and October 2002 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 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2002 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 SHELDEN DRIVE be worth now?

1 SHELDEN DRIVE might now be worth an estimated £621,183.

This is based on house price inflation of 152.5%, between October 2002 and December 2024, 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 152.5% inflationary increase is applied to the most recent sale price for 1 SHELDEN DRIVE of £246,000 on 10th October 2002. For the value to have increased from £246,000 to £621,183 over the 21 years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 SHELDEN DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2002 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHELDEN DRIVE has not materially changed since October 2002.

How Large is 1 SHELDEN DRIVE?

1 SHELDEN DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 1 SHELDEN DRIVE lies on this distribution: 55% of detached houses houses are smaller than 1 SHELDEN DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 SHELDEN DRIVE: Plot and Title Map

1 SHELDEN DRIVE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 1 SHELDEN 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 SHELDEN 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 SHELDEN DRIVE?

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