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

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.

11 HANOVER LANE is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £303,112. It was last sold for £238,000 in February 2017, which was around 43% 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	£414,918	43% below HPI
2015 19 MAR	£198,500	£365,480	46% below HPI
2000 3 APR	£104,950	£157,008	33% 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 11 HANOVER LANE be worth now?

11 HANOVER LANE might now be worth an estimated £303,112.

This is based on house price inflation of 27.4%, between February 2017 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 27.4% inflationary increase is applied to the most recent sale price for 11 HANOVER LANE of £238,000 on 15th February 2017. For the value to have increased from £238,000 to £303,112 over the eight years to February 2025, the following assumptions must hold true:

• The value of 11 HANOVER LANE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The February 2017 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HANOVER LANE has not materially changed since February 2017.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 11 HANOVER LANE lies on this distribution: 10% of detached houses houses are smaller than 11 HANOVER LANE, and 90% 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.