7, MILESTONE WAY, GILLINGHAM, SP8 4TB - £72,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 MILESTONE WAY is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £72,500 in March 1997, which was around 28% below the average March 1997 detached price in the Dorset local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

7 MILESTONE WAY Sold Prices

Land registry data shows two sales for 7 MILESTONE WAY 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 7 MILESTONE 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
1997 14 MAR	£72,500	£101,123	28% below HPI
1996 12 APR	£65,000	£94,239	31% below HPI

7 MILESTONE 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 two 7 MILESTONE WAY sales from April 1996 and March 1997 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 April 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 1997 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 MILESTONE WAY?

7 MILESTONE WAY is 96m² according to the EPC inspection conducted in February 2012. 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 7 MILESTONE WAY lies on this distribution: 36% of detached houses are smaller than 7 MILESTONE WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

7 MILESTONE WAY: Plot and Title Map

7 MILESTONE WAY sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 7 MILESTONE 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 7 MILESTONE 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 7 MILESTONE WAY?

7 MILESTONE WAY is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 7 on MILESTONE WAY.