18, THE BOUNDARIES, GELDESTON ROAD, GILLINGHAM, BECCLES, NR34 0HT - £137,950

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 THE BOUNDARIES is a small semi-detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £220,719. It was last sold for £137,950 in August 2014, which was around 22% below the average August 2014 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was A.

18 THE BOUNDARIES Sold Prices

Land registry data shows two sales for 18 THE BOUNDARIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 18 THE BOUNDARIES 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
2014 4 AUG	£137,950	£177,085	22% below HPI
2000 11 FEB	£50,000	£63,953	22% below HPI

18 THE BOUNDARIES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 18 THE BOUNDARIES sales from February 2000 and August 2014 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 February 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2014 sale, which was also at 22% below the HPI.

What might 18 THE BOUNDARIES be worth now?

18 THE BOUNDARIES might now be worth an estimated £220,719.

This is based on house price inflation of 60%, between August 2014 and February 2025, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60% inflationary increase is applied to the most recent sale price for 18 THE BOUNDARIES of £137,950 on 4th August 2014. For the value to have increased from £137,950 to £220,719 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 18 THE BOUNDARIES has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The August 2014 sale price of £137,950 represented a fair market value for the property.
• The size, condition, and specification of 18 THE BOUNDARIES has not materially changed since August 2014.

How Large is 18 THE BOUNDARIES?

18 THE BOUNDARIES is 92m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 18 THE BOUNDARIES lies on this distribution: 37% of semi-detached houses houses are smaller than 18 THE BOUNDARIES, and 63% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 THE BOUNDARIES: Plot and Title Map

18 THE BOUNDARIES sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 18 THE BOUNDARIES, 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 THE BOUNDARIES). 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 THE BOUNDARIES?

18 THE BOUNDARIES is located on GELDESTON ROAD in GILLINGHAM, in the NR34 postcode district. The below map shows the position of 18 THE BOUNDARIES on GELDESTON ROAD.