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
1 THE STREET is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £58,000 in May 1999, which was around 36% below the average May 1999 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 1 THE STREET since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 1 THE STREET 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 |
---|---|---|---|
1999 21 MAY | £58,000 | £90,853 | 36% below HPI |
1996 31 MAY | £45,000 | £70,064 | 36% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 1 THE STREET sales from May 1996 and May 1999 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 May 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 1999 sale, which was also at 36% below the HPI.
1 THE STREET is 71m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 1 THE STREET lies on this distribution: 13% of detached houses are smaller than 1 THE STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Gillingham.
1 THE STREET sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 1 THE STREET, 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 THE STREET). 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.
1 THE STREET is located in GILLINGHAM, in the NR34 postcode district. The below map shows the position of No. 1 on THE STREET.