18, SORREL WAY, GILLINGHAM, SP8 4TP - £267,500

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 SORREL WAY is a midsized detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £385,419. It was last sold for £267,500 in April 2015, which was around 27% below the average April 2015 detached price in the Dorset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

18 SORREL WAY Sold Prices

Land registry data shows four sales for 18 SORREL WAY 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 18 SORREL WAY 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
2015 29 APR	£267,500	£366,757	27% below HPI
2011 15 JUL	£237,500	£323,193	27% below HPI
2003 16 OCT	£223,000	£265,776	16% below HPI
1997 3 JAN	£78,500	£101,623	23% below HPI

18 SORREL WAY 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 18 SORREL WAY sales between January 1997 and April 2015 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 July 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2015 sale, which was also at 27% below the HPI.

What might 18 SORREL WAY be worth now?

18 SORREL WAY might now be worth an estimated £385,419.

This is based on house price inflation of 44.1%, between April 2015 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 44.1% inflationary increase is applied to the most recent sale price for 18 SORREL WAY of £267,500 on 29th April 2015. For the value to have increased from £267,500 to £385,419 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 18 SORREL WAY has moved in line with the HPI for detached houses in the Dorset local authority area.
• The April 2015 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 18 SORREL WAY has not materially changed since April 2015.

How Large is 18 SORREL WAY?

18 SORREL WAY is 109m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% 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 18 SORREL WAY lies on this distribution: 50% of detached houses houses are smaller than 18 SORREL WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 SORREL WAY: Plot and Title Map

18 SORREL WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 18 SORREL WAY, 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 SORREL WAY). 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 SORREL WAY?

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