2, SAXON MEAD CLOSE, GILLINGHAM, SP8 4HP - £265,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 SAXON MEAD CLOSE is a midsized detached house of 108m², built sometime between 1967 and 1975. It was last sold for £265,000 in October 2007, which was around 21% below the average October 2007 detached price in the Dorset local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

2 SAXON MEAD CLOSE Sold Prices

Land registry data shows three sales for 2 SAXON MEAD 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 SAXON MEAD 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
2007 30 OCT	£265,000	£336,359	21% below HPI
2005 4 NOV	£235,000	£292,203	20% below HPI
2005 25 APR	£186,250	£282,952	34% below HPI

2 SAXON MEAD 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 SAXON MEAD CLOSE sales between April 2005 and October 2007 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 November 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2007 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 SAXON MEAD CLOSE?

2 SAXON MEAD CLOSE is 108m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 2 SAXON MEAD CLOSE lies on this distribution: 48% of detached houses are smaller than 2 SAXON MEAD CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 SAXON MEAD CLOSE: Plot and Title Map

2 SAXON MEAD CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 2 SAXON MEAD 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 SAXON MEAD 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 SAXON MEAD CLOSE?

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