3, PEACEMARSH FARM CLOSE, GILLINGHAM, SP8 4XQ - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 PEACEMARSH FARM CLOSE is a large detached house of 126m², built sometime between 2003 and 2006. It was last sold for £385,000 in July 2017, which was around 6% below the average July 2017 detached price in the Dorset local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

3 PEACEMARSH FARM CLOSE Sold Prices

Land registry data shows three sales for 3 PEACEMARSH FARM 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. Two of the three 3 PEACEMARSH FARM CLOSE sales were for below the average price, whilst one was for above 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
2017 21 JUL	£385,000	£411,577	6% below HPI
2014 24 JAN	£262,000	£335,105	22% below HPI
1999 10 MAR	£138,500	£128,091	8% above HPI

3 PEACEMARSH FARM 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 3 PEACEMARSH FARM CLOSE sales between March 1999 and July 2017 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 January 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 PEACEMARSH FARM CLOSE?

3 PEACEMARSH FARM CLOSE is 126m² according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 3 PEACEMARSH FARM CLOSE lies on this distribution: 69% of detached houses are smaller than 3 PEACEMARSH FARM CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 PEACEMARSH FARM CLOSE: Plot and Title Map

3 PEACEMARSH FARM CLOSE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 3 PEACEMARSH FARM 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 3 PEACEMARSH FARM 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 3 PEACEMARSH FARM CLOSE?

3 PEACEMARSH FARM CLOSE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 3 on PEACEMARSH FARM CLOSE.