GREENWAY COTTAGE, GREEN LANE, KINGTON MAGNA, GILLINGHAM, SP8 5EQ - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GREENWAY COTTAGE is a large extended detached house of 164m², built sometime before 1900, which could now be worth an estimated £598,451. It was last sold for £500,000 in July 2020, which was around 15% above the average July 2020 detached price in the Dorset local authority area. The most recent EPC inspection was January 2020, where the current energy rating was F, and the potential energy rating was D.

GREENWAY COTTAGE Sold Prices

Land registry data shows two sales for GREENWAY COTTAGE 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 GREENWAY COTTAGE sales were for above 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
2020 6 JUL	£500,000	£435,299	15% above HPI
2016 15 MAR	£455,000	£397,090	15% above HPI

GREENWAY COTTAGE 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 GREENWAY COTTAGE sales from March 2016 and July 2020 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 March 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2020 sale, which was also at 15% above the HPI.

What might GREENWAY COTTAGE be worth now?

GREENWAY COTTAGE might now be worth an estimated £598,451.

This is based on house price inflation of 19.7%, between July 2020 and December 2024, 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 19.7% inflationary increase is applied to the most recent sale price for GREENWAY COTTAGE of £500,000 on 6th July 2020. For the value to have increased from £500,000 to £598,451 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of GREENWAY COTTAGE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The July 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of GREENWAY COTTAGE has not materially changed since July 2020.

How Large is GREENWAY COTTAGE?

GREENWAY COTTAGE is 164m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses houses in Kington Magna, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kington Magna, and where GREENWAY COTTAGE lies on this distribution: 65% of detached houses houses are smaller than GREENWAY COTTAGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Kington Magna.

GREENWAY COTTAGE: Plot and Title Map

GREENWAY COTTAGE sits on a plot of roughly 1.8 acres, or 7,285m². The below map shows the location of GREENWAY COTTAGE, 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 GREENWAY COTTAGE). 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 GREENWAY COTTAGE?

GREENWAY COTTAGE is located on GREEN LANE in KINGTON MAGNA, in the SP8 postcode district. The below map shows the position of GREENWAY COTTAGE on GREEN LANE.