28, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £243,000

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

28 SHOREFIELDS is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £243,000 in March 2013, which was around 7% below the average March 2013 detached price in the Medway local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

28 SHOREFIELDS Sold Prices

Land registry data shows two sales for 28 SHOREFIELDS 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 28 SHOREFIELDS 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
2013 11 MAR	£243,000	£261,035	7% below HPI
1997 22 AUG	£82,500	£94,655	13% below HPI

28 SHOREFIELDS 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 28 SHOREFIELDS sales from August 1997 and March 2013 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 August 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 28 SHOREFIELDS?

28 SHOREFIELDS is 58m² according to the EPC inspection conducted in January 2024. 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 28 SHOREFIELDS lies on this distribution: 3% of detached houses are smaller than 28 SHOREFIELDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

28 SHOREFIELDS: Plot and Title Map

28 SHOREFIELDS sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 28 SHOREFIELDS, 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 28 SHOREFIELDS). 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 28 SHOREFIELDS?

28 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 28 on SHOREFIELDS.