58, PLOUGHMANS WAY, RAINHAM, GILLINGHAM, ME8 8LH - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58 PLOUGHMANS WAY is a very small terraced house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £324,497. It was last sold for £175,000 in February 2014, which was around 18% above the average February 2014 terraced price in the Medway local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

58 PLOUGHMANS WAY Sold Prices

Land registry data shows four sales for 58 PLOUGHMANS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 58 PLOUGHMANS 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
2014 20 FEB	£175,000	£147,966	18% above HPI
2012 30 NOV	£143,500	£136,282	5% above HPI
2002 29 JAN	£101,000	£78,571	29% above HPI
1996 24 JUL	£54,000	£40,887	32% above HPI

58 PLOUGHMANS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The four 58 PLOUGHMANS WAY sales between July 1996 and February 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 November 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 58 PLOUGHMANS WAY be worth now?

58 PLOUGHMANS WAY might now be worth an estimated £324,497.

This is based on house price inflation of 85.4%, between February 2014 and July 2025, for terraced houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.4% inflationary increase is applied to the most recent sale price for 58 PLOUGHMANS WAY of £175,000 on 20th February 2014. For the value to have increased from £175,000 to £324,497 over the ten years and seven months to July 2025, the following assumptions must hold true:

• The value of 58 PLOUGHMANS WAY has moved in line with the HPI for terraced houses in the Medway local authority area.
• The February 2014 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 58 PLOUGHMANS WAY has not materially changed since February 2014.

How Large is 58 PLOUGHMANS WAY?

58 PLOUGHMANS WAY is 69m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 58 PLOUGHMANS WAY lies on this distribution: 7% of terraced houses houses are smaller than 58 PLOUGHMANS WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

58 PLOUGHMANS WAY: Plot and Title Map

58 PLOUGHMANS WAY sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 58 PLOUGHMANS 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 58 PLOUGHMANS 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 58 PLOUGHMANS WAY?

58 PLOUGHMANS WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 58 on PLOUGHMANS WAY.