8, PEACEMARSH FARM CLOSE, GILLINGHAM, SP8 4XQ - £425,000

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.

8 PEACEMARSH FARM CLOSE is a very large detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £513,759. It was last sold for £425,000 in December 2017, which was around 3% below the average December 2017 detached price in the Dorset local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

8 PEACEMARSH FARM CLOSE Sold Prices

Land registry data shows five sales for 8 PEACEMARSH FARM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Most of the five 8 PEACEMARSH FARM CLOSE 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
2017 15 DEC	£425,000	£437,137	3% below HPI
2006 9 JUN	£294,000	£309,877	5% below HPI
2003 1 SEP	£280,000	£265,696	5% above HPI
2001 3 MAY	£220,000	£176,004	25% above HPI
1999 18 AUG	£160,000	£140,914	14% above HPI

8 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 five 8 PEACEMARSH FARM CLOSE sales between August 1999 and December 2017 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 June 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 PEACEMARSH FARM CLOSE be worth now?

8 PEACEMARSH FARM CLOSE might now be worth an estimated £513,759.

This is based on house price inflation of 20.9%, between December 2017 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 20.9% inflationary increase is applied to the most recent sale price for 8 PEACEMARSH FARM CLOSE of £425,000 on 15th December 2017. For the value to have increased from £425,000 to £513,759 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 PEACEMARSH FARM CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2017 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PEACEMARSH FARM CLOSE has not materially changed since December 2017.

How Large is 8 PEACEMARSH FARM CLOSE?

8 PEACEMARSH FARM CLOSE is 161m² according to the EPC inspection conducted in October 2008. 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 8 PEACEMARSH FARM CLOSE lies on this distribution: 91% of detached houses houses are smaller than 8 PEACEMARSH FARM CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 PEACEMARSH FARM CLOSE: Plot and Title Map

8 PEACEMARSH FARM CLOSE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 8 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 8 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 8 PEACEMARSH FARM CLOSE?

8 PEACEMARSH FARM CLOSE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 8 on PEACEMARSH FARM CLOSE.