18, PLOUGHMANS WAY, RAINHAM, GILLINGHAM, ME8 8LH - £345,000

18 PLOUGHMANS WAY is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £345,000 in December 2018, which was around 20% below the average December 2018 detached price in the Medway local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

18 PLOUGHMANS WAY Sold Prices

Land registry data shows four sales for 18 PLOUGHMANS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 18 PLOUGHMANS WAY 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
2018 17 DEC	£345,000	£431,356	20% below HPI
2010 20 AUG	£230,000	£256,258	10% below HPI
2005 4 MAY	£232,000	£248,182	7% below HPI
2004 27 JAN	£224,000	£235,838	5% below HPI

18 PLOUGHMANS WAY 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 four 18 PLOUGHMANS WAY sales between January 2004 and December 2018 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 August 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 PLOUGHMANS WAY?

18 PLOUGHMANS WAY is 99m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 18 PLOUGHMANS WAY lies on this distribution: 29% of detached houses are smaller than 18 PLOUGHMANS WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 PLOUGHMANS WAY: Plot and Title Map

18 PLOUGHMANS WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 18 PLOUGHMANS WAY, 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 18 PLOUGHMANS WAY). 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 18 PLOUGHMANS WAY?

18 PLOUGHMANS WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 18 on PLOUGHMANS WAY.