5, HOMEFIELD DRIVE, RAINHAM, GILLINGHAM, ME8 8RS - £442,500

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

5 HOMEFIELD DRIVE is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £442,500 in May 2017, which was around 18% above the average May 2017 detached price in the Swale local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

5 HOMEFIELD DRIVE Sold Prices

Land registry data shows four sales for 5 HOMEFIELD 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 Swale local authority area for the corresponding sale date. All of the four 5 HOMEFIELD DRIVE sales were for above 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
2017 5 MAY	£442,500	£374,661	18% above HPI
2013 15 FEB	£305,000	£250,963	22% above HPI
2006 12 MAY	£305,000	£244,277	25% above HPI
1999 23 JUL	£156,000	£116,056	34% above HPI

5 HOMEFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 5 HOMEFIELD DRIVE sales between July 1999 and May 2017 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 February 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 5 HOMEFIELD DRIVE?

5 HOMEFIELD DRIVE is 131m² according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 5 HOMEFIELD DRIVE lies on this distribution: 64% of detached houses are smaller than 5 HOMEFIELD DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 HOMEFIELD DRIVE: Plot and Title Map

5 HOMEFIELD DRIVE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 5 HOMEFIELD 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 5 HOMEFIELD 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 5 HOMEFIELD DRIVE?

5 HOMEFIELD DRIVE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 5 on HOMEFIELD DRIVE.