2, BUTTERCUP CLOSE, GILLINGHAM, SP8 4XB - £315,000

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.

2 BUTTERCUP CLOSE is a midsized detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £381,324. It was last sold for £315,000 in February 2018, which was around 28% below the average February 2018 detached price in the Dorset local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

2 BUTTERCUP CLOSE Sold Prices

Land registry data shows three sales for 2 BUTTERCUP CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 2 BUTTERCUP CLOSE 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 9 FEB	£315,000	£436,520	28% below HPI
2010 10 DEC	£247,500	£330,693	25% below HPI
2004 19 AUG	£230,000	£289,979	21% below HPI

2 BUTTERCUP CLOSE 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 three 2 BUTTERCUP CLOSE sales between August 2004 and February 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 December 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 BUTTERCUP CLOSE be worth now?

2 BUTTERCUP CLOSE might now be worth an estimated £381,324.

This is based on house price inflation of 21.1%, between February 2018 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 21.1% inflationary increase is applied to the most recent sale price for 2 BUTTERCUP CLOSE of £315,000 on 9th February 2018. For the value to have increased from £315,000 to £381,324 over the seven years to February 2025, the following assumptions must hold true:

• The value of 2 BUTTERCUP CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The February 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUTTERCUP CLOSE has not materially changed since February 2018.

How Large is 2 BUTTERCUP CLOSE?

2 BUTTERCUP CLOSE is 113m² according to the EPC inspection conducted in May 2010. 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 2 BUTTERCUP CLOSE lies on this distribution: 56% of detached houses houses are smaller than 2 BUTTERCUP CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 BUTTERCUP CLOSE: Plot and Title Map

2 BUTTERCUP CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 BUTTERCUP CLOSE, 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 2 BUTTERCUP CLOSE). 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 2 BUTTERCUP CLOSE?

2 BUTTERCUP CLOSE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 2 on BUTTERCUP CLOSE.