11, SHELDEN DRIVE, RAINHAM, GILLINGHAM, ME8 8JX - £475,000

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

11 SHELDEN DRIVE is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £475,000 in February 2024, which was around 5% below the average February 2024 detached price in the Medway local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

11 SHELDEN DRIVE Sold Prices

Land registry data shows two sales for 11 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. One of the two 11 SHELDEN 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
2024 9 FEB	£475,000	£497,511	5% below HPI
1998 2 MAR	£115,000	£99,173	16% above HPI

11 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 11 SHELDEN DRIVE sales from March 1998 and February 2024 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 March 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 SHELDEN DRIVE?

11 SHELDEN DRIVE is 85m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 11 SHELDEN DRIVE lies on this distribution: 17% of detached houses are smaller than 11 SHELDEN DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

11 SHELDEN DRIVE: Plot and Title Map

11 SHELDEN DRIVE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 11 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 11 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 11 SHELDEN DRIVE?

11 SHELDEN DRIVE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 11 on SHELDEN DRIVE.