24, JEFFERSON DRIVE, GILLINGHAM, ME8 0DB - £665,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 JEFFERSON DRIVE is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £665,000 in October 2022, which was around 26% above the average October 2022 detached price in the Medway local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

24 JEFFERSON DRIVE Sold Prices

Land registry data shows two sales for 24 JEFFERSON DRIVE 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 JEFFERSON 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
2022 13 OCT	£665,000	£527,402	26% above HPI
1997 25 APR	£113,000	£90,525	25% above HPI

24 JEFFERSON DRIVE 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 JEFFERSON DRIVE sales from April 1997 and October 2022 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 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 24 JEFFERSON DRIVE?

24 JEFFERSON DRIVE is 138m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% 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 JEFFERSON DRIVE lies on this distribution: 69% of detached houses are smaller than 24 JEFFERSON DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

24 JEFFERSON DRIVE: Plot and Title Map

24 JEFFERSON DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 24 JEFFERSON 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 24 JEFFERSON 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 24 JEFFERSON DRIVE?

24 JEFFERSON DRIVE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 24 on JEFFERSON DRIVE.