3, WESSEX WAY, GILLINGHAM, SP8 4LX - £242,500

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 WESSEX WAY is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £242,500 in November 2017, which was around 43% below the average November 2017 detached price in the Dorset local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

3 WESSEX WAY Sold Prices

Land registry data shows two sales for 3 WESSEX WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 3 WESSEX 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
2017 23 NOV	£242,500	£426,965	43% below HPI
1998 27 APR	£65,000	£114,367	43% below HPI

3 WESSEX 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 two 3 WESSEX WAY sales from April 1998 and November 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 April 1998 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2017 sale, which was also at 43% below the HPI.

How Large is 3 WESSEX WAY?

3 WESSEX WAY is 83m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 3 WESSEX WAY lies on this distribution: 22% of detached houses are smaller than 3 WESSEX WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 WESSEX WAY: Plot and Title Map

3 WESSEX WAY sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 3 WESSEX 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 3 WESSEX 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 3 WESSEX WAY?

3 WESSEX WAY is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 3 on WESSEX WAY.