70, HERITAGE DRIVE, GILLINGHAM, ME7 3EH - £542,500

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

70 HERITAGE DRIVE is a very large extended detached house of 161m², built sometime between 1991 and 1995. It was last sold for £542,500 in April 2022, which was around 9% above the average April 2022 detached price in the Medway local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

70 HERITAGE DRIVE Sold Prices

Land registry data shows three sales for 70 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 70 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
2022 7 APR	£542,500	£498,362	9% above HPI
2004 16 JUL	£322,500	£242,047	33% above HPI
2001 27 JUL	£223,000	£156,239	43% above HPI

70 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 70 HERITAGE DRIVE sales between July 2001 and April 2022 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 July 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 70 HERITAGE DRIVE?

70 HERITAGE DRIVE is 161m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 70 HERITAGE DRIVE lies on this distribution: 81% of detached houses are smaller than 70 HERITAGE DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

70 HERITAGE DRIVE: Plot and Title Map

70 HERITAGE DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 70 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 70 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 70 HERITAGE DRIVE?

70 HERITAGE DRIVE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 70 on HERITAGE DRIVE.