2, THE STREET, GILLINGHAM, BECCLES, NR34 0LA - £289,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 THE STREET is a large extended detached house of 125m², built sometime before 1900. It was last sold for £289,000 in February 2014, which was around 13% above the average February 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

2 THE STREET Sold Prices

Land registry data shows two sales for 2 THE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 2 THE STREET sales was for above the average price, whilst the other was 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 13 FEB	£289,000	£256,167	13% above HPI
2000 4 AUG	£94,000	£115,399	19% below HPI

2 THE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 2 THE STREET sales from August 2000 and February 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 August 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2014 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 THE STREET?

2 THE STREET is 125m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% 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 THE STREET lies on this distribution: 73% of detached houses are smaller than 2 THE STREET, and 27% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 THE STREET: Plot and Title Map

2 THE STREET sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 2 THE STREET, 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 THE STREET). 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 THE STREET?

2 THE STREET is located in GILLINGHAM, in the NR34 postcode district. The below map shows the position of No. 2 on THE STREET.