5, MELSTOCK ROAD, GILLINGHAM, SP8 4FQ - £182,000

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

5 MELSTOCK ROAD is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £182,000 in January 2015, which was around 49% below the average January 2015 detached price in the Dorset local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

5 MELSTOCK ROAD Sold Prices

Land registry data shows three sales for 5 MELSTOCK ROAD 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. All of the three 5 MELSTOCK ROAD 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
2015 19 JAN	£182,000	£356,019	49% below HPI
2012 17 SEP	£165,000	£322,720	49% below HPI
2000 22 DEC	£116,000	£169,061	31% below HPI

5 MELSTOCK ROAD 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 5 MELSTOCK ROAD sales between December 2000 and January 2015 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 September 2012 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2015 sale, which was also at 49% below the HPI.

How Large is 5 MELSTOCK ROAD?

5 MELSTOCK ROAD is 93m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% 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 MELSTOCK ROAD lies on this distribution: 33% of detached houses are smaller than 5 MELSTOCK ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 MELSTOCK ROAD: Plot and Title Map

5 MELSTOCK ROAD sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 5 MELSTOCK ROAD, 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 MELSTOCK ROAD). 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 MELSTOCK ROAD?

5 MELSTOCK ROAD is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 5 on MELSTOCK ROAD.