BAY COTTAGE, BAY ROAD, GILLINGHAM, SP8 4EW - £390,000

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

BAY COTTAGE is a very large extended detached house of 152m², built sometime before 1900. It was last sold for £390,000 in December 2021, which was around 20% below the average December 2021 detached price in the Dorset local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

BAY COTTAGE Sold Prices

Land registry data shows two sales for BAY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two BAY COTTAGE 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
2021 10 DEC	£390,000	£485,180	20% below HPI
2000 29 SEP	£96,000	£168,499	43% below HPI

BAY COTTAGE 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 two BAY COTTAGE sales from September 2000 and December 2021 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 2000 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is BAY COTTAGE?

BAY COTTAGE is 152m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 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 BAY COTTAGE lies on this distribution: 87% of detached houses are smaller than BAY COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

BAY COTTAGE: Plot and Title Map

BAY COTTAGE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of BAY COTTAGE, 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 BAY COTTAGE). 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 BAY COTTAGE?

BAY COTTAGE is located on BAY ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of BAY COTTAGE on BAY ROAD.