62, SORREL WAY, GILLINGHAM, SP8 4TP - £217,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

62 SORREL WAY is a midsized detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £341,465. It was last sold for £217,000 in July 2012, which was around 34% below the average July 2012 detached price in the Dorset local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

62 SORREL WAY Sold Prices

Land registry data shows three sales for 62 SORREL WAY 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 62 SORREL WAY 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
2012 23 JUL	£217,000	£331,100	34% below HPI
1999 9 FEB	£109,000	£130,309	16% below HPI
1995 27 JUN	£75,000	£96,198	22% below HPI

62 SORREL WAY 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 62 SORREL WAY sales between June 1995 and July 2012 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 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 62 SORREL WAY be worth now?

62 SORREL WAY might now be worth an estimated £341,465.

This is based on house price inflation of 57.4%, between July 2012 and December 2024, 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 57.4% inflationary increase is applied to the most recent sale price for 62 SORREL WAY of £217,000 on 23rd July 2012. For the value to have increased from £217,000 to £341,465 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 62 SORREL WAY has moved in line with the HPI for detached houses in the Dorset local authority area.
• The July 2012 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 62 SORREL WAY has not materially changed since July 2012.

How Large is 62 SORREL WAY?

62 SORREL WAY is 106m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% 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 62 SORREL WAY lies on this distribution: 45% of detached houses houses are smaller than 62 SORREL WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

62 SORREL WAY: Plot and Title Map

62 SORREL WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 62 SORREL WAY, 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 62 SORREL WAY). 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 62 SORREL WAY?

62 SORREL WAY is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 62 on SORREL WAY.