6, PROSPECT CLOSE, GILLINGHAM, SP8 4NZ - £200,000

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.

6 PROSPECT CLOSE is a small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £269,421. It was last sold for £200,000 in November 2015, which was around 49% below the average November 2015 detached price in the Dorset local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

6 PROSPECT CLOSE Sold Prices

Land registry data shows two sales for 6 PROSPECT CLOSE 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. Both of the two 6 PROSPECT 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
2015 20 NOV	£200,000	£392,271	49% below HPI
1997 17 JAN	£59,500	£101,623	41% below HPI

6 PROSPECT CLOSE 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 6 PROSPECT CLOSE sales from January 1997 and November 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 January 1997 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2015 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 6 PROSPECT CLOSE be worth now?

6 PROSPECT CLOSE might now be worth an estimated £269,421.

This is based on house price inflation of 34.7%, between November 2015 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.7% inflationary increase is applied to the most recent sale price for 6 PROSPECT CLOSE of £200,000 on 20th November 2015. For the value to have increased from £200,000 to £269,421 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 PROSPECT CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2015 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PROSPECT CLOSE has not materially changed since November 2015.

How Large is 6 PROSPECT CLOSE?

6 PROSPECT CLOSE is 86m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% 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 6 PROSPECT CLOSE lies on this distribution: 25% of detached houses houses are smaller than 6 PROSPECT CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

6 PROSPECT CLOSE: Plot and Title Map

6 PROSPECT CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 6 PROSPECT 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 6 PROSPECT 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 6 PROSPECT CLOSE?

6 PROSPECT CLOSE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 6 on PROSPECT CLOSE.