FOUR WINDS, COMMON MEAD AVENUE, GILLINGHAM, SP8 4NB - £330,000

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

FOUR WINDS is a small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £330,000 in November 2021, which was around 32% below the average November 2021 detached price in the Dorset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

FOUR WINDS Sold Prices

Land registry data shows three sales for FOUR WINDS 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 FOUR WINDS 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 1 NOV	£330,000	£483,631	32% below HPI
2014 12 SEP	£210,000	£357,960	41% below HPI
2002 5 APR	£105,000	£199,533	47% below HPI

FOUR WINDS 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 FOUR WINDS sales between April 2002 and November 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is FOUR WINDS?

FOUR WINDS is 90m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where FOUR WINDS lies on this distribution: 30% of detached houses are smaller than FOUR WINDS, and 70% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

FOUR WINDS: Plot and Title Map

FOUR WINDS sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of FOUR WINDS, 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 FOUR WINDS). 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 FOUR WINDS?

FOUR WINDS is located on COMMON MEAD AVENUE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of FOUR WINDS on COMMON MEAD AVENUE.