ECHOBANK, SHAFTESBURY ROAD, GILLINGHAM, SP8 4LL - £307,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ECHOBANK is a midsized detached house of 104m², built sometime between 2003 and 2006. It was last sold for £307,000 in September 2021, which was around 33% below the average September 2021 detached price in the Dorset local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

ECHOBANK Sold Prices

Land registry data shows two sales for ECHOBANK 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 ECHOBANK 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 9 SEP	£307,000	£461,034	33% below HPI
2004 30 SEP	£231,500	£283,859	18% below HPI

ECHOBANK 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 ECHOBANK sales from September 2004 and September 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is ECHOBANK?

ECHOBANK is 104m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where ECHOBANK lies on this distribution: 43% of detached houses are smaller than ECHOBANK, and 56% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

ECHOBANK: Plot and Title Map

ECHOBANK sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of ECHOBANK, 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 ECHOBANK). 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 ECHOBANK?

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