39, HERITAGE DRIVE, GILLINGHAM, ME7 3EQ - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

39 HERITAGE DRIVE is a small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £245,000 in May 2014, which was around 16% below the average May 2014 detached price in the Medway local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

39 HERITAGE DRIVE Sold Prices

Land registry data shows three sales for 39 HERITAGE DRIVE 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 39 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
2014 1 MAY	£245,000	£290,499	16% below HPI
2006 30 JUN	£209,000	£250,960	17% below HPI
2001 16 FEB	£115,000	£146,860	22% below HPI

39 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 three 39 HERITAGE DRIVE sales between February 2001 and May 2014 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 39 HERITAGE DRIVE?

39 HERITAGE DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in October 2012. 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 39 HERITAGE DRIVE lies on this distribution: 25% of detached houses are smaller than 39 HERITAGE DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

39 HERITAGE DRIVE: Plot and Title Map

39 HERITAGE DRIVE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 39 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 39 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 39 HERITAGE DRIVE?

39 HERITAGE DRIVE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 39 on HERITAGE DRIVE.