2, CALE WAY, GILLINGHAM, SP8 4FT - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CALE WAY is a large detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £354,504. It was last sold for £360,000 in May 2022, which was around 32% below the average May 2022 detached price in the Dorset local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

2 CALE WAY Sold Prices

Land registry data shows three sales for 2 CALE WAY 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 CALE 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
2022 17 MAY	£360,000	£529,088	32% below HPI
2008 11 APR	£250,000	£338,215	26% below HPI
2003 30 MAY	£189,950	£253,593	25% below HPI

2 CALE 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 three 2 CALE WAY sales between May 2003 and May 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 April 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 CALE WAY be worth now?

2 CALE WAY might now be worth an estimated £354,504.

This is based on house price deflation of 1.5%, between May 2022 and December 2024, 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 1.5% deflationary decrease is applied to the most recent sale price for 2 CALE WAY of £360,000 on 17th May 2022. For the value to have decreased from £360,000 to £354,504 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 2 CALE WAY has moved in line with the HPI for detached houses in the Dorset local authority area.
• The May 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CALE WAY has not materially changed since May 2022.

How Large is 2 CALE WAY?

2 CALE WAY is 119m² according to the EPC inspection conducted in August 2024. This puts it in the largest 40% 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 CALE WAY lies on this distribution: 62% of detached houses houses are smaller than 2 CALE WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 CALE WAY: Plot and Title Map

2 CALE WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 CALE 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 2 CALE 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 2 CALE WAY?

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