40, FREAME WAY, GILLINGHAM, SP8 4RA - £394,000

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.

40 FREAME WAY is a large detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £639,837. It was last sold for £394,000 in August 2011, which was around 21% above the average August 2011 detached price in the Dorset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

40 FREAME WAY Sold Prices

Land registry data shows three sales for 40 FREAME WAY 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. Two of the three 40 FREAME WAY sales were for above the average price, whilst one 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
2011 19 AUG	£394,000	£325,398	21% above HPI
2003 10 JUN	£249,950	£256,430	3% below HPI
1998 31 JUL	£165,000	£124,437	33% above HPI

40 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 three 40 FREAME WAY sales between July 1998 and August 2011 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 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2011 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 40 FREAME WAY be worth now?

40 FREAME WAY might now be worth an estimated £639,837.

This is based on house price inflation of 62.4%, between August 2011 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 62.4% inflationary increase is applied to the most recent sale price for 40 FREAME WAY of £394,000 on 19th August 2011. For the value to have increased from £394,000 to £639,837 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 40 FREAME WAY has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2011 sale price of £394,000 represented a fair market value for the property.
• The size, condition, and specification of 40 FREAME WAY has not materially changed since August 2011.

How Large is 40 FREAME WAY?

40 FREAME WAY is 140m² according to the EPC inspection conducted in June 2013. 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 40 FREAME WAY lies on this distribution: 80% of detached houses houses are smaller than 40 FREAME WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

40 FREAME WAY: Plot and Title Map

40 FREAME WAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 40 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 40 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 40 FREAME WAY?

40 FREAME WAY is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 40 on FREAME WAY.