GREEN FIELDS, POUND LANE, GILLINGHAM, SP8 4NP - £285,000

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

GREEN FIELDS is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £285,000 in May 2021, which was around 36% below the average May 2021 detached price in the Dorset local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

GREEN FIELDS Sold Prices

Land registry data shows four sales for GREEN FIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four GREEN FIELDS 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 28 MAY	£285,000	£443,911	36% below HPI
2006 12 OCT	£235,000	£307,052	23% below HPI
1999 18 JUN	£82,500	£130,293	37% below HPI
1997 11 JUN	£69,000	£106,389	35% below HPI

GREEN FIELDS 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 four GREEN FIELDS sales between June 1997 and May 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 October 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is GREEN FIELDS?

GREEN FIELDS is 78m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 GREEN FIELDS lies on this distribution: 16% of detached houses are smaller than GREEN FIELDS, and 83% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

GREEN FIELDS: Plot and Title Map

GREEN FIELDS sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of GREEN FIELDS, 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 GREEN FIELDS). 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 GREEN FIELDS?

GREEN FIELDS is located on POUND LANE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of GREEN FIELDS on POUND LANE.