2A, SCOTT AVENUE, RAINHAM, GILLINGHAM, ME8 8BP - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2A SCOTT AVENUE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £350,000 in December 2021, which was around 28% below the average December 2021 detached price in the Medway local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was B.

2A SCOTT AVENUE Sold Prices

Land registry data shows three sales for 2A SCOTT AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 2A SCOTT AVENUE 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 15 DEC	£350,000	£482,904	28% below HPI
2000 11 DEC	£130,000	£143,830	10% below HPI
1998 21 APR	£80,000	£100,653	21% below HPI

2A SCOTT AVENUE 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 three 2A SCOTT AVENUE sales between April 1998 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 December 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2A SCOTT AVENUE?

2A SCOTT AVENUE is 96m² according to the EPC inspection conducted in July 2021. 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 2A SCOTT AVENUE lies on this distribution: 27% of detached houses are smaller than 2A SCOTT AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2A SCOTT AVENUE: Plot and Title Map

2A SCOTT AVENUE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 2A SCOTT AVENUE, 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 2A SCOTT AVENUE). 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 2A SCOTT AVENUE?

2A SCOTT AVENUE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 2A on SCOTT AVENUE.