16, HOMEFIELD DRIVE, RAINHAM, GILLINGHAM, ME8 8RS - £482,000

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.

16 HOMEFIELD DRIVE is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £549,495. It was last sold for £482,000 in May 2021, which was around 16% above the average May 2021 detached price in the Swale local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

16 HOMEFIELD DRIVE Sold Prices

Land registry data shows four sales for 16 HOMEFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 16 HOMEFIELD DRIVE 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
2021 19 MAY	£482,000	£416,184	16% above HPI
2015 4 FEB	£320,000	£294,356	9% above HPI
2003 27 JUN	£250,000	£215,917	16% above HPI
1998 26 JUN	£135,000	£101,094	34% above HPI

16 HOMEFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 16 HOMEFIELD DRIVE sales between June 1998 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 February 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 HOMEFIELD DRIVE be worth now?

16 HOMEFIELD DRIVE might now be worth an estimated £549,495.

This is based on house price inflation of 14%, between May 2021 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 16 HOMEFIELD DRIVE of £482,000 on 19th May 2021. For the value to have increased from £482,000 to £549,495 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 16 HOMEFIELD DRIVE has moved in line with the HPI for detached houses in the Swale local authority area.
• The May 2021 sale price of £482,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HOMEFIELD DRIVE has not materially changed since May 2021.

How Large is 16 HOMEFIELD DRIVE?

16 HOMEFIELD DRIVE is 115m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 16 HOMEFIELD DRIVE lies on this distribution: 48% of detached houses houses are smaller than 16 HOMEFIELD DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 HOMEFIELD DRIVE: Plot and Title Map

16 HOMEFIELD DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 16 HOMEFIELD 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 HOMEFIELD 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 HOMEFIELD DRIVE?

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