5, ASHFORD CLOSE, GILLINGHAM, BECCLES, NR34 0LE - £179,000

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

5 ASHFORD CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £179,000 in August 2014, which was around 34% below the average August 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

5 ASHFORD CLOSE Sold Prices

Land registry data shows three sales for 5 ASHFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 5 ASHFORD CLOSE 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
2014 26 AUG	£179,000	£269,922	34% below HPI
2009 26 AUG	£160,000	£218,466	27% below HPI
1998 29 JUN	£52,000	£81,964	37% below HPI

5 ASHFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 5 ASHFORD CLOSE sales between June 1998 and August 2014 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 ASHFORD CLOSE?

5 ASHFORD CLOSE is 66m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 5 ASHFORD CLOSE lies on this distribution: 2% of detached houses are smaller than 5 ASHFORD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 ASHFORD CLOSE: Plot and Title Map

5 ASHFORD CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 5 ASHFORD CLOSE, 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 5 ASHFORD CLOSE). 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 5 ASHFORD CLOSE?

5 ASHFORD CLOSE is located in GILLINGHAM, in the NR34 postcode district. The below map shows the position of No. 5 on ASHFORD CLOSE.