116, SCOTT AVENUE, RAINHAM, GILLINGHAM, ME8 8EH - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

116 SCOTT AVENUE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £322,605. It was last sold for £215,000 in November 2015, which was around 40% below the average November 2015 detached price in the Medway local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

116 SCOTT AVENUE Sold Prices

Land registry data shows five sales for 116 SCOTT AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 116 SCOTT AVENUE 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
2015 12 NOV	£215,000	£358,997	40% below HPI
2003 28 NOV	£121,500	£240,913	50% below HPI
2002 23 AUG	£112,500	£198,713	43% below HPI
1997 30 JUN	£64,500	£94,109	31% below HPI
1995 18 DEC	£46,500	£83,290	44% below HPI

116 SCOTT AVENUE 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 five 116 SCOTT AVENUE sales between December 1995 and November 2015 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 November 2003 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 116 SCOTT AVENUE be worth now?

116 SCOTT AVENUE might now be worth an estimated £322,605.

This is based on house price inflation of 50%, between November 2015 and February 2025, 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 50% inflationary increase is applied to the most recent sale price for 116 SCOTT AVENUE of £215,000 on 12th November 2015. For the value to have increased from £215,000 to £322,605 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 116 SCOTT AVENUE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 116 SCOTT AVENUE has not materially changed since November 2015.

How Large is 116 SCOTT AVENUE?

116 SCOTT AVENUE is 80m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% 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 116 SCOTT AVENUE lies on this distribution: 13% of detached houses houses are smaller than 116 SCOTT AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

116 SCOTT AVENUE: Plot and Title Map

116 SCOTT AVENUE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 116 SCOTT AVENUE, 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 116 SCOTT AVENUE). 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 116 SCOTT AVENUE?

116 SCOTT AVENUE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 116 on SCOTT AVENUE.