10, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £225,000

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

10 SHOREFIELDS is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £225,000 in January 2011, which was around 12% below the average January 2011 detached price in the Medway local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

10 SHOREFIELDS Sold Prices

Land registry data shows four sales for 10 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 10 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
2011 28 JAN	£225,000	£256,822	12% below HPI
2000 14 APR	£120,000	£126,851	5% below HPI
1999 20 AUG	£107,000	£112,275	5% below HPI
1997 25 JUL	£89,775	£92,352	3% below HPI

10 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 10 SHOREFIELDS sales between July 1997 and January 2011 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 April 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 10 SHOREFIELDS?

10 SHOREFIELDS is 98m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 10 SHOREFIELDS lies on this distribution: 29% of detached houses are smaller than 10 SHOREFIELDS, and 71% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

10 SHOREFIELDS: Plot and Title Map

10 SHOREFIELDS sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 10 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 10 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 10 SHOREFIELDS?

10 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 10 on SHOREFIELDS.