8, SILVERDALE DRIVE, GILLINGHAM, ME8 9HN - £247,500

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

8 SILVERDALE DRIVE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £247,500 in October 2010, which was around 5% below the average October 2010 detached price in the Medway local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

8 SILVERDALE DRIVE Sold Prices

Land registry data shows three sales for 8 SILVERDALE 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 8 SILVERDALE DRIVE 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
2010 8 OCT	£247,500	£260,209	5% below HPI
2007 20 JUL	£235,000	£271,564	13% below HPI
2006 27 JUN	£197,000	£250,960	22% below HPI

8 SILVERDALE 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 8 SILVERDALE DRIVE sales between June 2006 and October 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 July 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2010 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 SILVERDALE DRIVE?

8 SILVERDALE DRIVE is 69m² according to the EPC inspection conducted in July 2010. 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 8 SILVERDALE DRIVE lies on this distribution: 7% of detached houses are smaller than 8 SILVERDALE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 SILVERDALE DRIVE: Plot and Title Map

8 SILVERDALE DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 8 SILVERDALE 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 SILVERDALE 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 SILVERDALE DRIVE?

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