4, STUART LANE, GILLINGHAM, SP8 4TE - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 STUART LANE is a very large detached house of 151m², built sometime between 1983 and 1990, which could now be worth an estimated £545,908. It was last sold for £480,000 in June 2021, which was around 3% above the average June 2021 detached price in the Dorset local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

4 STUART LANE Sold Prices

Land registry data shows two sales for 4 STUART LANE 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. One of the two 4 STUART LANE sales was for above the average price, whilst the other was 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
2021 8 JUN	£480,000	£464,633	3% above HPI
2018 12 MAR	£350,000	£436,753	20% below HPI

4 STUART 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 two 4 STUART LANE sales from March 2018 and June 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 March 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 4 STUART LANE be worth now?

4 STUART LANE might now be worth an estimated £545,908.

This is based on house price inflation of 13.7%, between June 2021 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 4 STUART LANE of £480,000 on 8th June 2021. For the value to have increased from £480,000 to £545,908 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 4 STUART LANE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 4 STUART LANE has not materially changed since June 2021.

How Large is 4 STUART LANE?

4 STUART LANE is 151m² according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 4 STUART LANE lies on this distribution: 86% of detached houses houses are smaller than 4 STUART LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

4 STUART LANE: Plot and Title Map

4 STUART LANE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 4 STUART 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 STUART 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 STUART LANE?

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