24, TEN ACRE WAY, RAINHAM, GILLINGHAM, ME8 8TL - £152,500

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 TEN ACRE WAY is a very small semi-detached house of 55m², built sometime between 1996 and 2002. It was last sold for £152,500 in December 2011, which was around 40% below the average December 2011 detached price in the Medway local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

24 TEN ACRE WAY Sold Prices

Land registry data shows four sales for 24 TEN ACRE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 24 TEN ACRE 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
2011 16 DEC	£152,500	£254,366	40% below HPI
2006 9 FEB	£150,000	£247,233	39% below HPI
2003 10 OCT	£128,500	£232,112	45% below HPI
1995 24 FEB	£49,950	£82,702	40% below HPI

24 TEN ACRE 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 four 24 TEN ACRE WAY sales between February 1995 and December 2011 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 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 24 TEN ACRE WAY?

24 TEN ACRE WAY is 55m² according to the EPC inspection conducted in May 2011. 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 TEN ACRE WAY lies on this distribution: 2% of detached houses are smaller than 24 TEN ACRE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

24 TEN ACRE WAY: Plot and Title Map

24 TEN ACRE WAY sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 24 TEN ACRE 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 TEN ACRE 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 TEN ACRE WAY?

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