11, HANOVER LANE, GILLINGHAM, SP8 4TA - £238,000

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

11 HANOVER LANE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £238,000 in February 2017, which was around 41% below the average February 2017 detached price in the Dorset local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was A.

11 HANOVER LANE Sold Prices

Land registry data shows three sales for 11 HANOVER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 11 HANOVER LANE 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
2017 15 FEB	£238,000	£402,386	41% below HPI
2015 19 MAR	£198,500	£354,441	44% below HPI
2000 3 APR	£104,950	£152,266	31% below HPI

11 HANOVER LANE 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 three 11 HANOVER LANE sales between April 2000 and February 2017 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 March 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2017 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 11 HANOVER LANE?

11 HANOVER LANE is 70m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 11 HANOVER LANE lies on this distribution: 10% of detached houses are smaller than 11 HANOVER LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

11 HANOVER LANE: Plot and Title Map

11 HANOVER LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 11 HANOVER LANE, 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 11 HANOVER LANE). 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 11 HANOVER LANE?

11 HANOVER LANE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 11 on HANOVER LANE.