CHERRYVILLE, WAVERING LANE EAST, GILLINGHAM, SP8 4NS - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHERRYVILLE is a very small extended detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £381,479. It was last sold for £385,000 in October 2023, which was around 28% below the average October 2023 detached price in the Dorset local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

CHERRYVILLE Sold Prices

Land registry data shows two sales for CHERRYVILLE 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 CHERRYVILLE 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	£385,000	£534,321	28% below HPI
2020 23 OCT	£197,000	£445,660	56% below HPI

CHERRYVILLE 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 CHERRYVILLE sales from October 2020 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 October 2020 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might CHERRYVILLE be worth now?

CHERRYVILLE might now be worth an estimated £381,479.

This is based on house price deflation of 0.9%, between October 2023 and March 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% deflationary decrease is applied to the most recent sale price for CHERRYVILLE of £385,000 on 20th October 2023. For the value to have decreased from £385,000 to £381,479 over the two years and seven months to March 2025, the following assumptions must hold true:

• The value of CHERRYVILLE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The October 2023 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRYVILLE has not materially changed since October 2023.

How Large is CHERRYVILLE?

CHERRYVILLE is 76m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where CHERRYVILLE lies on this distribution: 14% of detached houses houses are smaller than CHERRYVILLE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

CHERRYVILLE: Plot and Title Map

CHERRYVILLE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of CHERRYVILLE, 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 CHERRYVILLE). 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 CHERRYVILLE?

CHERRYVILLE is located on WAVERING LANE EAST in GILLINGHAM, in the SP8 postcode district. The below map shows the position of CHERRYVILLE on WAVERING LANE EAST.