BANKSIDE, TOMLINS LANE, GILLINGHAM, SP8 4BH - £142,500

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

BANKSIDE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £142,500 in May 2014, which was around 58% below the average May 2014 detached price in the Dorset local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

BANKSIDE Sold Prices

Land registry data shows three sales for BANKSIDE 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 BANKSIDE 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
2014 16 MAY	£142,500	£341,222	58% below HPI
2003 27 AUG	£135,000	£255,371	47% below HPI
1997 14 NOV	£48,000	£113,253	58% below HPI

BANKSIDE 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 BANKSIDE sales between November 1997 and May 2014 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 August 2003 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2014 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is BANKSIDE?

BANKSIDE is 62m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where BANKSIDE lies on this distribution: 4% of detached houses are smaller than BANKSIDE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on TOMLINS LANE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of BANKSIDE on TOMLINS LANE.