Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
68 TEN ACRE WAY is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £349,000 in December 2019, which was around 17% below the average December 2019 detached price in the Medway local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 68 TEN ACRE WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 68 TEN ACRE 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 |
---|---|---|---|
2019 19 DEC | £349,000 | £419,349 | ![]() 17% below HPI |
2007 16 NOV | £225,000 | £281,687 | ![]() 20% below HPI |
2001 23 MAY | £143,000 | £151,847 | ![]() 6% below HPI |
1997 31 OCT | £85,500 | £98,217 | ![]() 13% below HPI |
1996 19 APR | £71,450 | £83,335 | ![]() 14% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The five 68 TEN ACRE WAY sales between April 1996 and December 2019 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
68 TEN ACRE WAY is 73m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 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 68 TEN ACRE WAY lies on this distribution: 9% of detached houses are smaller than 68 TEN ACRE WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Gillingham.
68 TEN ACRE WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 68 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 68 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.
68 TEN ACRE WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 68 on TEN ACRE WAY.