12, OTTER SPRINGS, GILLINGHAM, SP8 4GX - £310,000

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

12 OTTER SPRINGS is a small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £310,000 in December 2023, which was around 39% below the average December 2023 detached price in the Dorset local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

12 OTTER SPRINGS Sold Prices

Land registry data shows four sales for 12 OTTER SPRINGS 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 12 OTTER SPRINGS 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
2023 20 DEC	£310,000	£510,251	39% below HPI
2020 18 DEC	£262,000	£452,113	42% below HPI
2018 30 MAY	£268,000	£419,875	36% below HPI
2005 17 JUN	£189,995	£282,884	33% below HPI

12 OTTER SPRINGS 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 12 OTTER SPRINGS sales between June 2005 and December 2023 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 December 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 12 OTTER SPRINGS?

12 OTTER SPRINGS is 87m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 12 OTTER SPRINGS lies on this distribution: 27% of detached houses are smaller than 12 OTTER SPRINGS, and 73% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

12 OTTER SPRINGS: Plot and Title Map

12 OTTER SPRINGS sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 12 OTTER SPRINGS, 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 12 OTTER SPRINGS). 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 12 OTTER SPRINGS?

12 OTTER SPRINGS is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 12 on OTTER SPRINGS.