41, CHERRYFIELDS, GILLINGHAM, SP8 4TJ - £385,000

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

41 CHERRYFIELDS is a large detached house of 128m², built sometime between 1991 and 1995. It was last sold for £385,000 in May 2017, which was around 5% below the average May 2017 detached price in the Dorset local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

41 CHERRYFIELDS Sold Prices

Land registry data shows two sales for 41 CHERRYFIELDS 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 41 CHERRYFIELDS sales was for below the average price, whilst the other was 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
2017 26 MAY	£385,000	£406,289	5% below HPI
1996 12 AUG	£145,000	£96,356	50% above HPI

41 CHERRYFIELDS 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 41 CHERRYFIELDS sales from August 1996 and May 2017 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 August 1996 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 41 CHERRYFIELDS?

41 CHERRYFIELDS is 128m² according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 41 CHERRYFIELDS lies on this distribution: 71% of detached houses are smaller than 41 CHERRYFIELDS, and 28% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

41 CHERRYFIELDS: Plot and Title Map

41 CHERRYFIELDS sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of 41 CHERRYFIELDS, 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 41 CHERRYFIELDS). 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 41 CHERRYFIELDS?

41 CHERRYFIELDS is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 41 on CHERRYFIELDS.