10, PROSPECT CLOSE, GILLINGHAM, SP8 4NZ - £178,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

10 PROSPECT CLOSE is a midsized extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £178,000 in March 2012, which was around 43% below the average March 2012 detached price in the Dorset local authority area. The most recent EPC inspection was September 2022, where the current energy rating was A, and the potential energy rating was A.

10 PROSPECT CLOSE Sold Prices

Land registry data shows two sales for 10 PROSPECT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 10 PROSPECT 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
2012 16 MAR	£178,000	£311,232	43% below HPI
2001 24 AUG	£135,000	£183,866	27% below HPI

10 PROSPECT 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 two 10 PROSPECT CLOSE sales from August 2001 and March 2012 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2012 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 10 PROSPECT CLOSE?

10 PROSPECT CLOSE is 106m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 10 PROSPECT CLOSE lies on this distribution: 45% of detached houses are smaller than 10 PROSPECT CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

10 PROSPECT CLOSE: Plot and Title Map

10 PROSPECT CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 10 PROSPECT 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 10 PROSPECT 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 10 PROSPECT CLOSE?

10 PROSPECT CLOSE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 10 on PROSPECT CLOSE.