8, HOMEFIELD DRIVE, RAINHAM, GILLINGHAM, ME8 8RS - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 HOMEFIELD DRIVE is a large detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £551,973. It was last sold for £295,000 in September 2010, which was around 15% above the average September 2010 detached price in the Swale local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

8 HOMEFIELD DRIVE Sold Prices

Land registry data shows three sales for 8 HOMEFIELD 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 Swale local authority area for the corresponding sale date. All of the three 8 HOMEFIELD 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
2010 20 SEP	£295,000	£255,920	15% above HPI
2001 25 APR	£180,000	£141,361	27% above HPI
1997 30 DEC	£118,000	£97,334	21% above HPI

8 HOMEFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 8 HOMEFIELD DRIVE sales between December 1997 and September 2010 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 April 2001 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2010 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 HOMEFIELD DRIVE be worth now?

8 HOMEFIELD DRIVE might now be worth an estimated £551,973.

This is based on house price inflation of 87.1%, between September 2010 and December 2024, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.1% inflationary increase is applied to the most recent sale price for 8 HOMEFIELD DRIVE of £295,000 on 20th September 2010. For the value to have increased from £295,000 to £551,973 over the thirteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 HOMEFIELD DRIVE has moved in line with the HPI for detached houses in the Swale local authority area.
• The September 2010 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOMEFIELD DRIVE has not materially changed since September 2010.

How Large is 8 HOMEFIELD DRIVE?

8 HOMEFIELD DRIVE is 132m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 8 HOMEFIELD DRIVE lies on this distribution: 66% of detached houses houses are smaller than 8 HOMEFIELD DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 HOMEFIELD DRIVE: Plot and Title Map

8 HOMEFIELD DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 8 HOMEFIELD 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 8 HOMEFIELD 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 8 HOMEFIELD DRIVE?

8 HOMEFIELD DRIVE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 8 on HOMEFIELD DRIVE.