120, PLOUGHMANS WAY, RAINHAM, GILLINGHAM, ME8 8LP - £280,000

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

120 PLOUGHMANS WAY is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £280,000 in December 2012, which was around 9% above the average December 2012 detached price in the Medway local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

120 PLOUGHMANS WAY Sold Prices

Land registry data shows three sales for 120 PLOUGHMANS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Two of the three 120 PLOUGHMANS WAY sales were for above the average price, whilst one was 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
2012 4 DEC	£280,000	£257,453	9% above HPI
2006 21 JUL	£250,000	£253,643	1% below HPI
1998 9 APR	£111,000	£100,653	10% above HPI

120 PLOUGHMANS WAY 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 three 120 PLOUGHMANS WAY sales between April 1998 and December 2012 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 July 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2012 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 120 PLOUGHMANS WAY?

120 PLOUGHMANS WAY is 129m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 120 PLOUGHMANS WAY lies on this distribution: 63% of detached houses are smaller than 120 PLOUGHMANS WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

120 PLOUGHMANS WAY: Plot and Title Map

120 PLOUGHMANS WAY sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 120 PLOUGHMANS WAY, 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 120 PLOUGHMANS WAY). 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 120 PLOUGHMANS WAY?

120 PLOUGHMANS WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 120 on PLOUGHMANS WAY.