8, SHREEN CLOSE, GILLINGHAM, SP8 4EN - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 SHREEN CLOSE is a very small extended detached house of 77m², built sometime between 1976 and 1982. It was last sold for £290,000 in December 2023, which was around 43% below the average December 2023 detached price in the Dorset local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

8 SHREEN CLOSE Sold Prices

Land registry data shows three sales for 8 SHREEN CLOSE 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 8 SHREEN 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
2023 21 DEC	£290,000	£510,251	43% below HPI
2023 20 OCT	£210,750	£519,666	59% below HPI
1995 27 JAN	£72,500	£93,676	23% below HPI

8 SHREEN 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 three 8 SHREEN CLOSE sales between January 1995 and December 2023 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 October 2023 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the December 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 8 SHREEN CLOSE?

8 SHREEN CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 8 SHREEN CLOSE lies on this distribution: 15% of detached houses are smaller than 8 SHREEN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 SHREEN CLOSE: Plot and Title Map

8 SHREEN CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 8 SHREEN 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 SHREEN 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 SHREEN CLOSE?

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