33, HERITAGE DRIVE, GILLINGHAM, ME7 3EQ - £390,000

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

33 HERITAGE DRIVE is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £390,000 in March 2023, which was around 26% below the average March 2023 detached price in the Medway local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

33 HERITAGE DRIVE Sold Prices

Land registry data shows four sales for 33 HERITAGE DRIVE 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 33 HERITAGE DRIVE 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
2023 20 MAR	£390,000	£530,178	26% below HPI
2020 26 JUN	£365,000	£424,886	14% below HPI
2018 29 NOV	£325,000	£432,626	25% below HPI
2016 8 JAN	£277,000	£354,513	22% below HPI

33 HERITAGE 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 four 33 HERITAGE DRIVE sales between January 2016 and March 2023 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 June 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 33 HERITAGE DRIVE?

33 HERITAGE DRIVE is 77m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 33 HERITAGE DRIVE lies on this distribution: 11% of detached houses are smaller than 33 HERITAGE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

33 HERITAGE DRIVE: Plot and Title Map

33 HERITAGE DRIVE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 33 HERITAGE 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 33 HERITAGE 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 33 HERITAGE DRIVE?

33 HERITAGE DRIVE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 33 on HERITAGE DRIVE.