32, FREAME WAY, GILLINGHAM, SP8 4RA - £514,000

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

32 FREAME WAY is a very large extended detached house of 160m², built sometime between 1983 and 1990. It was last sold for £514,000 in August 2021, which was around 12% above the average August 2021 detached price in the Dorset local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

32 FREAME WAY Sold Prices

Land registry data shows four sales for 32 FREAME WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four 32 FREAME WAY sales were 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
2021 31 AUG	£514,000	£457,006	12% above HPI
2003 26 SEP	£315,000	£257,671	22% above HPI
2001 13 AUG	£225,000	£183,866	22% above HPI
1998 21 DEC	£165,000	£127,330	30% above HPI

32 FREAME 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 four 32 FREAME WAY sales between December 1998 and August 2021 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 September 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 32 FREAME WAY?

32 FREAME WAY is 160m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 32 FREAME WAY lies on this distribution: 90% of detached houses are smaller than 32 FREAME WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

32 FREAME WAY: Plot and Title Map

32 FREAME WAY sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 32 FREAME 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 32 FREAME 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 32 FREAME WAY?

32 FREAME WAY is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 32 on FREAME WAY.