54, TEN ACRE WAY, RAINHAM, GILLINGHAM, ME8 8TL - £248,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

54 TEN ACRE WAY is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £248,000 in August 2011, which was around 3% below the average August 2011 detached price in the Medway local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

54 TEN ACRE WAY Sold Prices

Land registry data shows two sales for 54 TEN ACRE WAY 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 54 TEN ACRE WAY 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
2011 19 AUG	£248,000	£255,508	3% below HPI
1995 18 DEC	£82,950	£81,100	2% above HPI

54 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 two 54 TEN ACRE WAY sales from December 1995 and August 2011 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 December 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 54 TEN ACRE WAY?

54 TEN ACRE WAY is 90m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 TEN ACRE WAY lies on this distribution: 21% of detached houses are smaller than 54 TEN ACRE WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

54 TEN ACRE WAY: Plot and Title Map

54 TEN ACRE WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 54 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 54 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 54 TEN ACRE WAY?

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