CHERITON, STATION ROAD, RAINHAM, GILLINGHAM, ME8 7UF - £247,500

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

CHERITON is a midsized extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £247,500 in August 2010, which was around 3% below the average August 2010 detached price in the Medway local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

CHERITON Sold Prices

Land registry data shows three sales for CHERITON 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. One of the three CHERITON sales was for below the average price, whilst two 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 AUG	£247,500	£256,258	3% below HPI
2001 29 NOV	£175,000	£166,837	5% above HPI
1996 23 FEB	£92,000	£84,520	9% above HPI

CHERITON 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 CHERITON sales between February 1996 and August 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 November 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2010 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is CHERITON?

CHERITON is 124m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 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 CHERITON lies on this distribution: 57% of detached houses are smaller than CHERITON, and 43% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

CHERITON: Plot and Title Map

CHERITON sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of CHERITON, 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 CHERITON). 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 CHERITON?

CHERITON is located on STATION ROAD in RAINHAM, in the ME8 postcode district. The below map shows the position of CHERITON on STATION ROAD.