GREEN HAYES, SHAFTESBURY ROAD, GILLINGHAM, SP8 4LL - £450,000

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 HAYES is a large detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £450,250. It was last sold for £450,000 in August 2023, which was around 15% below the average August 2023 detached price in the Dorset local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

GREEN HAYES Sold Prices

Land registry data shows two sales for GREEN HAYES 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 GREEN HAYES 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 8 AUG	£450,000	£528,138	15% below HPI
2023 26 JUN	£410,000	£529,067	23% below HPI

GREEN HAYES 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 GREEN HAYES sales from June 2023 and August 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 June 2023 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might GREEN HAYES be worth now?

GREEN HAYES might now be worth an estimated £450,250.

This is based on house price inflation of 0.1%, between August 2023 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 0.1% inflationary increase is applied to the most recent sale price for GREEN HAYES of £450,000 on 8th August 2023. For the value to have increased from £450,000 to £450,250 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of GREEN HAYES has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN HAYES has not materially changed since August 2023.

How Large is GREEN HAYES?

GREEN HAYES is 118m² according to the EPC inspection conducted in May 2023. This puts it in the largest 40% 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 HAYES lies on this distribution: 61% of detached houses houses are smaller than GREEN HAYES, and 39% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

GREEN HAYES: Plot and Title Map

GREEN HAYES sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of GREEN HAYES, 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 HAYES). 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 HAYES?

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