4, HANOVER LANE, GILLINGHAM, SP8 4TA - £225,000

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

4 HANOVER LANE is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £225,000 in April 2018, which was around 47% below the average April 2018 detached price in the Dorset local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

4 HANOVER LANE Sold Prices

Land registry data shows three sales for 4 HANOVER LANE 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. All of the three 4 HANOVER LANE 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
2018 13 APR	£225,000	£423,422	47% below HPI
2000 3 JUL	£106,000	£162,064	35% below HPI
1998 29 MAY	£74,000	£117,175	37% below HPI

4 HANOVER LANE 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 4 HANOVER LANE sales between May 1998 and April 2018 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 July 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 4 HANOVER LANE?

4 HANOVER LANE is 56m² according to the EPC inspection conducted in March 2012. 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 HANOVER LANE lies on this distribution: 1% of detached houses are smaller than 4 HANOVER LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

4 HANOVER LANE: Plot and Title Map

4 HANOVER LANE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 4 HANOVER LANE, 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 HANOVER LANE). 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 4 HANOVER LANE?

4 HANOVER LANE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 4 on HANOVER LANE.