16, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £217,500

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

16 SHOREFIELDS is a very small detached house of 61m², built sometime between 1996 and 2002. It was last sold for £217,500 in April 2014, which was around 24% below the average April 2014 detached price in the Medway local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

16 SHOREFIELDS Sold Prices

Land registry data shows three sales for 16 SHOREFIELDS 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. All of the three 16 SHOREFIELDS sales were 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
2014 7 APR	£217,500	£286,994	24% below HPI
2000 10 MAR	£102,500	£124,469	18% below HPI
1997 17 OCT	£79,995	£98,217	19% below HPI

16 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 three 16 SHOREFIELDS sales between October 1997 and April 2014 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 March 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 SHOREFIELDS?

16 SHOREFIELDS is 61m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 16 SHOREFIELDS lies on this distribution: 4% of detached houses are smaller than 16 SHOREFIELDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 SHOREFIELDS: Plot and Title Map

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

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