24, BURRSTOCK WAY, RAINHAM, GILLINGHAM, ME8 8TR - £245,000

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

24 BURRSTOCK WAY is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £245,000 in October 2007, which was around 12% below the average October 2007 detached price in the Medway local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

24 BURRSTOCK WAY Sold Prices

Land registry data shows two sales for 24 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 24 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
2007 3 OCT	£245,000	£279,715	12% below HPI
2002 10 MAY	£164,000	£178,532	8% below HPI

24 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 24 BURRSTOCK WAY sales from May 2002 and October 2007 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2007 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 24 BURRSTOCK WAY?

24 BURRSTOCK WAY is 73m² according to the EPC inspection conducted in January 2015. 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 24 BURRSTOCK WAY lies on this distribution: 9% of detached houses are smaller than 24 BURRSTOCK WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

24 BURRSTOCK WAY: Plot and Title Map

24 BURRSTOCK WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 24 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 24 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 24 BURRSTOCK WAY?

24 BURRSTOCK WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 24 on BURRSTOCK WAY.