10, SORREL WAY, GILLINGHAM, SP8 4TP - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 SORREL WAY is a large extended detached house of 118m², built sometime between 1991 and 1995. It was last sold for £325,000 in July 2019, which was around 22% below the average July 2019 detached price in the Dorset local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

10 SORREL WAY Sold Prices

Land registry data shows four sales for 10 SORREL 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 Dorset local authority area for the corresponding sale date. All of the four 10 SORREL 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
2019 18 JUL	£325,000	£415,292	22% below HPI
2012 31 AUG	£238,000	£321,214	26% below HPI
2003 24 JAN	£199,950	£240,847	17% below HPI
1999 5 JUL	£108,000	£133,274	19% below HPI

10 SORREL WAY 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 four 10 SORREL WAY sales between July 1999 and July 2019 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 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 10 SORREL WAY?

10 SORREL WAY is 118m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% 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 SORREL WAY lies on this distribution: 61% of detached houses are smaller than 10 SORREL WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

10 SORREL WAY: Plot and Title Map

10 SORREL WAY sits on a plot of roughly 0.076 of an acre, or 310m². The below map shows the location of 10 SORREL 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 10 SORREL 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 10 SORREL WAY?

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