106, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £140,000

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

106 SHOREFIELDS is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £140,000 in October 2001, which was around 15% below the average October 2001 detached price in the Medway local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

106 SHOREFIELDS Sold Prices

Land registry data shows two sales for 106 SHOREFIELDS 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 106 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
2001 19 OCT	£140,000	£165,285	15% below HPI
1996 20 SEP	£71,155	£86,777	18% below HPI

106 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 two 106 SHOREFIELDS sales from September 1996 and October 2001 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 September 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2001 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 106 SHOREFIELDS?

106 SHOREFIELDS is 68m² according to the EPC inspection conducted in July 2020. 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 106 SHOREFIELDS lies on this distribution: 7% of detached houses are smaller than 106 SHOREFIELDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

106 SHOREFIELDS: Plot and Title Map

106 SHOREFIELDS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 106 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 106 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 106 SHOREFIELDS?

106 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 106 on SHOREFIELDS.