138, PLOUGHMANS WAY, RAINHAM, GILLINGHAM, ME8 8LP - £215,000

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

138 PLOUGHMANS WAY is a small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £215,000 in May 2002, which was around 20% above the average May 2002 detached price in the Medway local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.

138 PLOUGHMANS WAY Sold Prices

Land registry data shows two sales for 138 PLOUGHMANS WAY 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 138 PLOUGHMANS WAY sales were 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
2002 31 MAY	£215,000	£178,532	20% above HPI
1996 3 MAY	£92,500	£82,393	12% above HPI

138 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 two 138 PLOUGHMANS WAY sales from May 1996 and May 2002 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 May 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2002 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 138 PLOUGHMANS WAY?

138 PLOUGHMANS WAY is 100m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 138 PLOUGHMANS WAY lies on this distribution: 31% of detached houses are smaller than 138 PLOUGHMANS WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

138 PLOUGHMANS WAY: Plot and Title Map

138 PLOUGHMANS WAY sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 138 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 138 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 138 PLOUGHMANS WAY?

138 PLOUGHMANS WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 138 on PLOUGHMANS WAY.