5, TEN ACRE WAY, RAINHAM, GILLINGHAM, ME8 8TJ - £457,500

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 TEN ACRE WAY is a midsized detached house of 115m², built sometime between 1991 and 1995. It was last sold for £457,500 in December 2019, which was around 9% above the average December 2019 detached price in the Medway local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

5 TEN ACRE WAY Sold Prices

Land registry data shows four sales for 5 TEN ACRE WAY 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 5 TEN ACRE WAY 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
2019 16 DEC	£457,500	£419,349	9% above HPI
2003 18 JUL	£250,000	£226,264	10% above HPI
1998 23 JAN	£135,000	£97,874	38% above HPI
1995 22 DEC	£105,000	£81,100	29% above HPI

5 TEN ACRE WAY 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 5 TEN ACRE WAY sales between December 1995 and December 2019 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 July 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 5 TEN ACRE WAY?

5 TEN ACRE WAY is 115m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 TEN ACRE WAY lies on this distribution: 48% of detached houses are smaller than 5 TEN ACRE WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 TEN ACRE WAY: Plot and Title Map

5 TEN ACRE WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 5 TEN ACRE WAY, 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 TEN ACRE WAY). 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 TEN ACRE WAY?

5 TEN ACRE WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 5 on TEN ACRE WAY.