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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 THE STREET is a very large extended detached house of 186m², built sometime before 1900, which could now be worth an estimated £849,922. It was last sold for £625,000 in November 2016, which was around 93% 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	£323,629	93% above HPI
2006 17 FEB	£250,000	£226,300	10% above HPI
1997 12 SEP	£117,000	£81,170	44% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2016 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 5 THE STREET be worth now?

5 THE STREET might now be worth an estimated £849,922.

This is based on house price inflation of 36%, between November 2016 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36% inflationary increase is applied to the most recent sale price for 5 THE STREET of £625,000 on 16th November 2016. For the value to have increased from £625,000 to £849,922 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 THE STREET has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2016 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE STREET has not materially changed since November 2016.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 5 THE STREET lies on this distribution: 94% of detached houses 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.