264, BEECHINGS WAY, RAINHAM, GILLINGHAM, ME8 7AY - £410,000

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

264 BEECHINGS WAY is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £410,000 in December 2021, which was around 15% below the average December 2021 detached price in the Medway local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

264 BEECHINGS WAY Sold Prices

Land registry data shows four sales for 264 BEECHINGS 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 264 BEECHINGS 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
2021 23 DEC	£410,000	£482,904	15% below HPI
2019 2 OCT	£350,000	£424,533	18% below HPI
2017 16 MAY	£328,000	£411,103	20% below HPI
2012 26 OCT	£175,000	£254,369	31% below HPI

264 BEECHINGS 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 264 BEECHINGS WAY sales between October 2012 and December 2021 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 October 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 264 BEECHINGS WAY?

264 BEECHINGS WAY is 90m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 264 BEECHINGS WAY lies on this distribution: 21% of detached houses are smaller than 264 BEECHINGS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

264 BEECHINGS WAY: Plot and Title Map

264 BEECHINGS WAY sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 264 BEECHINGS 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 264 BEECHINGS 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 264 BEECHINGS WAY?

264 BEECHINGS WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 264 on BEECHINGS WAY.