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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 SORREL WAY is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £267,500 in April 2015, which was around 25% 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	£355,679	25% below HPI
2011 15 JUL	£237,500	£313,432	24% below HPI
2003 16 OCT	£223,000	£257,748	13% below HPI
1997 3 JAN	£78,500	£98,554	20% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 18 SORREL WAY lies on this distribution: 50% of detached 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.