16, CHESHAM DRIVE, GILLINGHAM, ME8 9LY - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 CHESHAM DRIVE is a small semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £394,452. It was last sold for £235,000 in April 2015, which was around 13% above the average April 2015 semi-detached price in the Medway local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

16 CHESHAM DRIVE Sold Prices

Land registry data shows two sales for 16 CHESHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. One of the two 16 CHESHAM DRIVE sales was for above the average price, whilst the other 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
2015 7 APR	£235,000	£207,599	13% above HPI
2006 7 JUN	£166,000	£171,086	3% below HPI

16 CHESHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 16 CHESHAM DRIVE sales from June 2006 and April 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 June 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 16 CHESHAM DRIVE be worth now?

16 CHESHAM DRIVE might now be worth an estimated £394,452.

This is based on house price inflation of 67.9%, between April 2015 and December 2024, for semi-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 67.9% inflationary increase is applied to the most recent sale price for 16 CHESHAM DRIVE of £235,000 on 7th April 2015. For the value to have increased from £235,000 to £394,452 over the eight years and four months to December 2024, the following assumptions must hold true:

• The value of 16 CHESHAM DRIVE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The April 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHESHAM DRIVE has not materially changed since April 2015.

How Large is 16 CHESHAM DRIVE?

16 CHESHAM DRIVE is 90m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 16 CHESHAM DRIVE lies on this distribution: 21% of semi-detached houses houses are smaller than 16 CHESHAM DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 CHESHAM DRIVE: Plot and Title Map

16 CHESHAM DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 16 CHESHAM 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 16 CHESHAM 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 16 CHESHAM DRIVE?

16 CHESHAM DRIVE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 16 on CHESHAM DRIVE.