96, PLOUGHMANS WAY, RAINHAM, GILLINGHAM, ME8 8LJ - £107,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

96 PLOUGHMANS WAY is a very small terraced house of 40m², built sometime between 1976 and 1982, which could now be worth an estimated £209,940. It was last sold for £107,500 in August 2006, which was around 23% below the average August 2006 terraced price in the Medway local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was A.

96 PLOUGHMANS WAY Sold Prices

Land registry data shows two sales for 96 PLOUGHMANS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 96 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
2006 18 AUG	£107,500	£140,491	23% below HPI
2002 16 JAN	£58,500	£78,571	26% below HPI

96 PLOUGHMANS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The two 96 PLOUGHMANS WAY sales from January 2002 and August 2006 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 January 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2006 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 96 PLOUGHMANS WAY be worth now?

96 PLOUGHMANS WAY might now be worth an estimated £209,940.

This is based on house price inflation of 95.3%, between August 2006 and July 2025, for terraced houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 95.3% inflationary increase is applied to the most recent sale price for 96 PLOUGHMANS WAY of £107,500 on 18th August 2006. For the value to have increased from £107,500 to £209,940 over the nineteen years and one month to July 2025, the following assumptions must hold true:

• The value of 96 PLOUGHMANS WAY has moved in line with the HPI for terraced houses in the Medway local authority area.
• The August 2006 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 96 PLOUGHMANS WAY has not materially changed since August 2006.

How Large is 96 PLOUGHMANS WAY?

96 PLOUGHMANS WAY is 40m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 96 PLOUGHMANS WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 96 PLOUGHMANS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

96 PLOUGHMANS WAY: Plot and Title Map

96 PLOUGHMANS WAY sits on a plot of roughly 0.019 of an acre, or 75m². The below map shows the location of 96 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 96 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 96 PLOUGHMANS WAY?

96 PLOUGHMANS WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 96 on PLOUGHMANS WAY.