18, BAY ROAD, GILLINGHAM, SP8 4EF - £247,500

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.

18 BAY ROAD is a very small extended terraced house of 78m², built sometime before 1900, which could now be worth an estimated £240,831. It was last sold for £247,500 in June 2022, which was around 9% below the average June 2022 terraced price in the Dorset local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

18 BAY ROAD Sold Prices

Land registry data shows two sales for 18 BAY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Dorset local authority area for the corresponding sale date. Both of the two 18 BAY ROAD 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
2022 17 JUN	£247,500	£271,305	9% below HPI
2010 8 OCT	£128,000	£175,827	27% below HPI

18 BAY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dorset local authority area over time, sourced from the HPI. The two 18 BAY ROAD sales from October 2010 and June 2022 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 October 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 18 BAY ROAD be worth now?

18 BAY ROAD might now be worth an estimated £240,831.

This is based on house price deflation of 2.7%, between June 2022 and June 2025, for terraced 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 2.7% deflationary decrease is applied to the most recent sale price for 18 BAY ROAD of £247,500 on 17th June 2022. For the value to have decreased from £247,500 to £240,831 over the three years to June 2025, the following assumptions must hold true:

• The value of 18 BAY ROAD has moved in line with the HPI for terraced houses in the Dorset local authority area.
• The June 2022 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 18 BAY ROAD has not materially changed since June 2022.

How Large is 18 BAY ROAD?

18 BAY ROAD is 78m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 18 BAY ROAD lies on this distribution: 16% of terraced houses houses are smaller than 18 BAY ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 BAY ROAD: Plot and Title Map

18 BAY ROAD sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 18 BAY ROAD, 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 18 BAY ROAD). 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 18 BAY ROAD?

18 BAY ROAD is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 18 on BAY ROAD.