5, THE STREET, GILLINGHAM, BECCLES, NR34 0LH - £625,000

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 THE STREET is a very large extended detached house of 186m², built sometime before 1900. It was last sold for £625,000 in November 2016, which was around 99% above the average November 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was D.

5 THE STREET Sold Prices

Land registry data shows three sales for 5 THE STREET 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 THE STREET sales were 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
2016 16 NOV	£625,000	£313,795	99% above HPI
2006 17 FEB	£250,000	£219,424	14% above HPI
1997 12 SEP	£117,000	£78,704	49% above HPI

5 THE STREET 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 THE STREET sales between September 1997 and November 2016 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 February 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2016 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is 5 THE STREET?

5 THE STREET is 186m², which includes three extensions, according to the EPC inspection conducted in February 2016. 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 5 THE STREET lies on this distribution: 94% of detached houses are smaller than 5 THE STREET, and 6% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 THE STREET: Plot and Title Map

5 THE STREET sits on a plot of roughly 0.409 of an acre, or 1,654m². The below map shows the location of 5 THE STREET, 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 THE STREET). 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 THE STREET?

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