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
53 HERITAGE DRIVE is a large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £305,000 in April 2012, which was around 22% above the average April 2012 detached price in the Medway local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 53 HERITAGE DRIVE since 1st 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. Both of the two 53 HERITAGE 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 |
---|---|---|---|
2012 5 APR | £305,000 | £250,583 | 22% above HPI |
1997 11 NOV | £118,000 | £98,347 | 20% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 53 HERITAGE DRIVE sales from November 1997 and April 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 November 1997 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2012 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
53 HERITAGE DRIVE is 143m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 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 53 HERITAGE DRIVE lies on this distribution: 73% of detached houses are smaller than 53 HERITAGE DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Gillingham.
53 HERITAGE DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 53 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 53 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.
53 HERITAGE DRIVE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 53 on HERITAGE DRIVE.