BROAD OAKS, WYKE ROAD, GILLINGHAM, SP8 4NG - £320,000

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

BROAD OAKS is a very large detached house of 175m², built sometime between 1950 and 1966. It was last sold for £320,000 in October 2015, which was around 15% below the average October 2015 detached price in the Dorset local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

BROAD OAKS Sold Prices

Land registry data shows two sales for BROAD OAKS 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. One of the two BROAD OAKS sales was for below the average price, whilst the other was 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
2015 29 OCT	£320,000	£376,798	15% below HPI
2000 28 JUL	£200,000	£162,064	23% above HPI

BROAD OAKS 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 BROAD OAKS sales from July 2000 and October 2015 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 July 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is BROAD OAKS?

BROAD OAKS is 175m² according to the EPC inspection conducted in June 2010. This puts it in the largest 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 BROAD OAKS lies on this distribution: 94% of detached houses are smaller than BROAD OAKS, and 6% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

BROAD OAKS: Plot and Title Map

BROAD OAKS sits on a plot of roughly 0.339 of an acre, or 1,371m². The below map shows the location of BROAD OAKS, 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 BROAD OAKS). 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 BROAD OAKS?

BROAD OAKS is located on WYKE ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of BROAD OAKS on WYKE ROAD.