1, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SA - £333,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 SHOREFIELDS is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £333,000 in September 2016, which was around 16% below the average September 2016 detached price in the Medway local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

1 SHOREFIELDS Sold Prices

Land registry data shows four sales for 1 SHOREFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 1 SHOREFIELDS 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
2016 19 SEP	£333,000	£395,083	16% below HPI
2005 17 FEB	£210,000	£247,061	15% below HPI
2000 25 JAN	£110,500	£122,356	10% below HPI
1996 9 AUG	£75,950	£85,248	11% below HPI

1 SHOREFIELDS 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 four 1 SHOREFIELDS sales between August 1996 and September 2016 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 February 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 SHOREFIELDS?

1 SHOREFIELDS is 73m² according to the EPC inspection conducted in June 2016. 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 1 SHOREFIELDS lies on this distribution: 9% of detached houses are smaller than 1 SHOREFIELDS, and 90% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 SHOREFIELDS: Plot and Title Map

1 SHOREFIELDS sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 1 SHOREFIELDS, 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 SHOREFIELDS). 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 SHOREFIELDS?

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