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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

39 HERITAGE DRIVE is a small extended detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £437,370. It was last sold for £245,000 in May 2014, which was around 18% 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	£298,345	18% below HPI
2006 30 JUN	£209,000	£257,737	19% below HPI
2001 16 FEB	£115,000	£150,826	24% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 39 HERITAGE DRIVE be worth now?

39 HERITAGE DRIVE might now be worth an estimated £437,370.

This is based on house price inflation of 78.5%, between May 2014 and December 2024, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.5% inflationary increase is applied to the most recent sale price for 39 HERITAGE DRIVE of £245,000 on 1st May 2014. For the value to have increased from £245,000 to £437,370 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 39 HERITAGE DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 39 HERITAGE DRIVE has not materially changed since May 2014.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 39 HERITAGE DRIVE lies on this distribution: 25% of detached houses 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.