17, BURRSTOCK WAY, RAINHAM, GILLINGHAM, ME8 8TS - £305,000

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

17 BURRSTOCK WAY is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £452,492. It was last sold for £305,000 in November 2015, which was around 15% below the average November 2015 detached price in the Medway local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

17 BURRSTOCK WAY Sold Prices

Land registry data shows two sales for 17 BURRSTOCK 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 17 BURRSTOCK WAY 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
2015 9 NOV	£305,000	£358,997	15% below HPI
2008 25 APR	£235,000	£285,627	18% below HPI

17 BURRSTOCK 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 17 BURRSTOCK WAY sales from April 2008 and November 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 April 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 17 BURRSTOCK WAY be worth now?

17 BURRSTOCK WAY might now be worth an estimated £452,492.

This is based on house price inflation of 48.4%, between November 2015 and December 2024, for 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 48.4% inflationary increase is applied to the most recent sale price for 17 BURRSTOCK WAY of £305,000 on 9th November 2015. For the value to have increased from £305,000 to £452,492 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 17 BURRSTOCK WAY has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2015 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BURRSTOCK WAY has not materially changed since November 2015.

How Large is 17 BURRSTOCK WAY?

17 BURRSTOCK WAY is 68m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 17 BURRSTOCK WAY lies on this distribution: 7% of detached houses houses are smaller than 17 BURRSTOCK WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

17 BURRSTOCK WAY: Plot and Title Map

17 BURRSTOCK WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 17 BURRSTOCK 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 17 BURRSTOCK 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 17 BURRSTOCK WAY?

17 BURRSTOCK WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 17 on BURRSTOCK WAY.