47, SORREL WAY, GILLINGHAM, SP8 4TP - £360,000

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

47 SORREL WAY is a large extended detached house of 131m², built sometime between 1991 and 1995. It was last sold for £360,000 in September 2021, which was around 22% below the average September 2021 detached price in the Dorset local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

47 SORREL WAY Sold Prices

Land registry data shows two sales for 47 SORREL WAY 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. Both of the two 47 SORREL WAY 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
2021 6 SEP	£360,000	£461,034	22% below HPI
1995 31 MAR	£77,500	£93,676	17% below HPI

47 SORREL 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 two 47 SORREL WAY sales from March 1995 and September 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 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 47 SORREL WAY?

47 SORREL WAY is 131m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 47 SORREL WAY lies on this distribution: 73% of detached houses are smaller than 47 SORREL WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

47 SORREL WAY: Plot and Title Map

47 SORREL WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 47 SORREL 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 47 SORREL 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 47 SORREL WAY?

47 SORREL WAY is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 47 on SORREL WAY.