8, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £210,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 SHOREFIELDS is a midsized extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £210,000 in December 2003, which was around 10% below the average December 2003 detached price in the Medway local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

8 SHOREFIELDS Sold Prices

Land registry data shows two sales for 8 SHOREFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the two 8 SHOREFIELDS sales was for below the average price, whilst the other was 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
2003 4 DEC	£210,000	£233,845	10% below HPI
1997 9 JUN	£92,500	£91,634	1% above HPI

8 SHOREFIELDS 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 two 8 SHOREFIELDS sales from June 1997 and December 2003 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 June 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2003 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 SHOREFIELDS?

8 SHOREFIELDS is 108m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 8 SHOREFIELDS lies on this distribution: 40% of detached houses are smaller than 8 SHOREFIELDS, and 59% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 SHOREFIELDS: Plot and Title Map

8 SHOREFIELDS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 8 SHOREFIELDS, 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 SHOREFIELDS). 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 SHOREFIELDS?

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