15, THE OAKS, GILLINGHAM, SP8 4SW - £350,000

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

15 THE OAKS is a very large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £350,000 in August 2018, which was around 19% below the average August 2018 detached price in the Dorset local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

15 THE OAKS Sold Prices

Land registry data shows two sales for 15 THE OAKS 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 15 THE OAKS 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
2018 6 AUG	£350,000	£431,256	19% below HPI
2002 24 MAY	£128,000	£202,579	37% below HPI

15 THE OAKS 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 15 THE OAKS sales from May 2002 and August 2018 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 May 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 THE OAKS?

15 THE OAKS is 141m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 15 THE OAKS lies on this distribution: 80% of detached houses are smaller than 15 THE OAKS, and 20% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

15 THE OAKS: Plot and Title Map

15 THE OAKS sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 15 THE OAKS, 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 15 THE OAKS). 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 15 THE OAKS?

15 THE OAKS is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 15 on THE OAKS.