8, SYLVAN WAY, GILLINGHAM, SP8 4EQ - £345,000

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

8 SYLVAN WAY is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £345,000 in October 2023, which was around 34% below the average October 2023 detached price in the Dorset local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

8 SYLVAN WAY Sold Prices

Land registry data shows three sales for 8 SYLVAN 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 8 SYLVAN 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
2023 20 OCT	£345,000	£518,980	34% below HPI
2014 23 SEP	£200,000	£357,960	44% below HPI
1996 22 AUG	£65,000	£96,356	33% below HPI

8 SYLVAN 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 8 SYLVAN WAY sales between August 1996 and October 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 September 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 SYLVAN WAY?

8 SYLVAN WAY is 80m² 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 SYLVAN WAY lies on this distribution: 19% of detached houses are smaller than 8 SYLVAN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 SYLVAN WAY: Plot and Title Map

8 SYLVAN WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 8 SYLVAN 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 8 SYLVAN 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 8 SYLVAN WAY?

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