1, PEACEMARSH FARM CLOSE, GILLINGHAM, SP8 4XQ - £355,000

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.

1 PEACEMARSH FARM CLOSE is a very large extended detached house of 142m², built sometime between 1996 and 2002, which could now be worth an estimated £454,682. It was last sold for £355,000 in November 2016, which was around 14% below the average November 2016 detached price in the Dorset local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

1 PEACEMARSH FARM CLOSE Sold Prices

Land registry data shows five sales for 1 PEACEMARSH FARM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Most of the five 1 PEACEMARSH FARM CLOSE 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
2016 3 NOV	£355,000	£412,581	14% below HPI
2012 5 SEP	£250,000	£332,771	25% below HPI
2007 19 JUL	£269,950	£342,993	21% below HPI
2002 11 JAN	£170,000	£197,035	14% below HPI
1999 11 AUG	£145,000	£140,914	3% above HPI

1 PEACEMARSH FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The five 1 PEACEMARSH FARM CLOSE sales between August 1999 and November 2016 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 September 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 PEACEMARSH FARM CLOSE be worth now?

1 PEACEMARSH FARM CLOSE might now be worth an estimated £454,682.

This is based on house price inflation of 28.1%, between November 2016 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 1 PEACEMARSH FARM CLOSE of £355,000 on 3rd November 2016. For the value to have increased from £355,000 to £454,682 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 PEACEMARSH FARM CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PEACEMARSH FARM CLOSE has not materially changed since November 2016.

How Large is 1 PEACEMARSH FARM CLOSE?

1 PEACEMARSH FARM CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 20% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 1 PEACEMARSH FARM CLOSE lies on this distribution: 81% of detached houses houses are smaller than 1 PEACEMARSH FARM CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 PEACEMARSH FARM CLOSE: Plot and Title Map

1 PEACEMARSH FARM CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 1 PEACEMARSH FARM CLOSE, 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 1 PEACEMARSH FARM CLOSE). 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 1 PEACEMARSH FARM CLOSE?

1 PEACEMARSH FARM CLOSE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 1 on PEACEMARSH FARM CLOSE.