14, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £360,000

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

14 SHOREFIELDS is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £360,000 in May 2021, which was around 19% below the average May 2021 detached price in the Medway local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

14 SHOREFIELDS Sold Prices

Land registry data shows four sales for 14 SHOREFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the four 14 SHOREFIELDS sales was for below the average price, whilst two 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
2021 21 MAY	£360,000	£445,017	19% below HPI
2007 29 MAY	£265,000	£265,492	Close to HPI
2006 24 FEB	£249,995	£247,233	1% above HPI
1997 27 JUN	£96,950	£91,634	6% above HPI

14 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 four 14 SHOREFIELDS sales between June 1997 and May 2021 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 14 SHOREFIELDS?

14 SHOREFIELDS is 75m² according to the EPC inspection conducted in April 2020. 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 14 SHOREFIELDS lies on this distribution: 10% of detached houses are smaller than 14 SHOREFIELDS, and 89% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

14 SHOREFIELDS: Plot and Title Map

14 SHOREFIELDS sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 14 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 14 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 14 SHOREFIELDS?

14 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 14 on SHOREFIELDS.