63, HERITAGE DRIVE, GILLINGHAM, ME7 3EQ - £560,000

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

63 HERITAGE DRIVE is a very large extended detached house of 193m², built sometime between 1983 and 1990. It was last sold for £560,000 in February 2018, which was around 32% above the average February 2018 detached price in the Medway local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

63 HERITAGE DRIVE Sold Prices

Land registry data shows three sales for 63 HERITAGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 63 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
2018 23 FEB	£560,000	£423,322	32% above HPI
2007 12 OCT	£372,000	£279,715	33% above HPI
1997 9 JUN	£149,995	£91,634	64% above HPI

63 HERITAGE DRIVE 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 three 63 HERITAGE DRIVE sales between June 1997 and February 2018 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 October 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2018 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 63 HERITAGE DRIVE?

63 HERITAGE DRIVE is 193m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 63 HERITAGE DRIVE lies on this distribution: 92% of detached houses are smaller than 63 HERITAGE DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

63 HERITAGE DRIVE: Plot and Title Map

63 HERITAGE DRIVE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 63 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 63 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.

Where is 63 HERITAGE DRIVE?

63 HERITAGE DRIVE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 63 on HERITAGE DRIVE.