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

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.

GREEN FIELDS is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £329,016. It was last sold for £285,000 in May 2021, which was around 38% 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	£457,737	38% below HPI
2006 12 OCT	£235,000	£316,615	26% below HPI
1999 18 JUN	£82,500	£134,351	39% below HPI
1997 11 JUN	£69,000	£109,702	37% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might GREEN FIELDS be worth now?

GREEN FIELDS might now be worth an estimated £329,016.

This is based on house price inflation of 15.4%, between May 2021 and February 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 15.4% inflationary increase is applied to the most recent sale price for GREEN FIELDS of £285,000 on 28th May 2021. For the value to have increased from £285,000 to £329,016 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of GREEN FIELDS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The May 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN FIELDS has not materially changed since May 2021.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where GREEN FIELDS lies on this distribution: 16% of detached houses houses are smaller than GREEN FIELDS, and 84% 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.