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
4 COMMON MEAD AVENUE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £260,000 in April 2024, which was around 48% below the average April 2024 detached price in the Dorset local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 COMMON MEAD AVENUE since 1st 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 4 COMMON MEAD AVENUE 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 |
---|---|---|---|
2024 3 APR | £260,000 | £502,675 | 48% below HPI |
2006 30 JUN | £199,950 | £300,517 | 33% below HPI |
2004 19 MAR | £160,000 | £263,597 | 39% below HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 4 COMMON MEAD AVENUE sales between March 2004 and April 2024 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 June 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
4 COMMON MEAD AVENUE is 61m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 4 COMMON MEAD AVENUE lies on this distribution: 3% of detached houses are smaller than 4 COMMON MEAD AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gillingham.
4 COMMON MEAD AVENUE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 4 COMMON MEAD AVENUE, 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 4 COMMON MEAD AVENUE). 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.
4 COMMON MEAD AVENUE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 4 on COMMON MEAD AVENUE.