5, SHELDEN DRIVE, RAINHAM, GILLINGHAM, ME8 8JX - £250,000

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

5 SHELDEN DRIVE is a midsized detached house of 121m², built sometime between 1930 and 1949. It was last sold for £250,000 in June 2012, which was around 2% below the average June 2012 detached price in the Medway local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

5 SHELDEN DRIVE Sold Prices

Land registry data shows two sales for 5 SHELDEN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the two 5 SHELDEN DRIVE sales was for below the average price, whilst the other was 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
2012 15 JUN	£250,000	£254,471	2% below HPI
2002 16 OCT	£225,000	£205,374	10% above HPI

5 SHELDEN 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 two 5 SHELDEN DRIVE sales from October 2002 and June 2012 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 October 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 SHELDEN DRIVE?

5 SHELDEN DRIVE is 121m² according to the EPC inspection conducted in January 2012. This puts it in the largest 50% 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 SHELDEN DRIVE lies on this distribution: 55% of detached houses are smaller than 5 SHELDEN DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 SHELDEN DRIVE: Plot and Title Map

5 SHELDEN DRIVE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 5 SHELDEN 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 SHELDEN 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 SHELDEN DRIVE?

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