7, PEACEMARSH FARM CLOSE, GILLINGHAM, SP8 4XQ - £435,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7 PEACEMARSH FARM CLOSE is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £435,000 in June 2024, which was around 15% below the average June 2024 detached price in the Dorset local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

7 PEACEMARSH FARM CLOSE Sold Prices

Land registry data shows four sales for 7 PEACEMARSH FARM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. two of the four 7 PEACEMARSH FARM CLOSE sales were for below the average price, and four 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
2024 19 JUN	£435,000	£512,149	15% below HPI
2010 30 APR	£312,000	£314,088	1% below HPI
2002 12 APR	£220,000	£199,533	10% above HPI
1999 30 APR	£160,000	£127,998	25% above HPI

7 PEACEMARSH FARM 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 four 7 PEACEMARSH FARM CLOSE sales between April 1999 and June 2024 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 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 PEACEMARSH FARM CLOSE?

7 PEACEMARSH FARM CLOSE is 85m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% 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 PEACEMARSH FARM CLOSE lies on this distribution: 23% of detached houses are smaller than 7 PEACEMARSH FARM CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

7 PEACEMARSH FARM CLOSE: Plot and Title Map

7 PEACEMARSH FARM CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 7 PEACEMARSH FARM 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 7 PEACEMARSH FARM 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 7 PEACEMARSH FARM CLOSE?

7 PEACEMARSH FARM CLOSE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 7 on PEACEMARSH FARM CLOSE.