48, CHERRYFIELDS, GILLINGHAM, SP8 4TJ - £525,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

48 CHERRYFIELDS is a very large extended detached house of 164m², built sometime between 1996 and 2002. It was last sold for £525,000 in October 2021, which was around 10% above the average October 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 B.

48 CHERRYFIELDS Sold Prices

Land registry data shows two sales for 48 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 48 CHERRYFIELDS 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 28 OCT	£525,000	£475,903	10% above HPI
2006 10 MAY	£270,000	£295,601	9% below HPI

48 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 48 CHERRYFIELDS sales from May 2006 and October 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 May 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 48 CHERRYFIELDS?

48 CHERRYFIELDS is 164m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 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 48 CHERRYFIELDS lies on this distribution: 91% of detached houses are smaller than 48 CHERRYFIELDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

48 CHERRYFIELDS: Plot and Title Map

48 CHERRYFIELDS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 48 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 48 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 48 CHERRYFIELDS?

48 CHERRYFIELDS is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 48 on CHERRYFIELDS.