54, BURRSTOCK WAY, RAINHAM, GILLINGHAM, ME8 8TR - £275,000

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

54 BURRSTOCK WAY is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £275,000 in November 2014, which was around 12% below the average November 2014 detached price in the Medway local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

54 BURRSTOCK WAY Sold Prices

Land registry data shows six sales for 54 BURRSTOCK WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the six 54 BURRSTOCK WAY 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 14 NOV	£275,000	£313,893	12% below HPI
2007 18 MAY	£245,000	£265,492	8% below HPI
2004 14 APR	£227,000	£235,966	4% below HPI
2002 10 MAY	£166,000	£178,532	7% below HPI
1998 31 JUL	£105,000	£103,119	2% above HPI
1995 17 NOV	£82,950	£81,100	2% above HPI

54 BURRSTOCK 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 six 54 BURRSTOCK WAY sales between November 1995 and November 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 May 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 54 BURRSTOCK WAY?

54 BURRSTOCK WAY is 89m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 54 BURRSTOCK WAY lies on this distribution: 20% of detached houses are smaller than 54 BURRSTOCK WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

54 BURRSTOCK WAY: Plot and Title Map

54 BURRSTOCK WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 54 BURRSTOCK 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 54 BURRSTOCK 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 54 BURRSTOCK WAY?

54 BURRSTOCK WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 54 on BURRSTOCK WAY.