HARTWOOD, WAVERING LANE EAST, GILLINGHAM, SP8 4NX - £380,000

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

HARTWOOD is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £380,000 in July 2024, which was around 27% below the average July 2024 detached price in the Dorset local authority area. The most recent EPC inspection was February 2024, where the current energy rating was A, and the potential energy rating was A.

HARTWOOD Sold Prices

Land registry data shows four sales for HARTWOOD 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 HARTWOOD 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
2024 4 JUL	£380,000	£519,001	27% below HPI
2014 26 JUN	£297,500	£343,100	13% below HPI
2012 18 APR	£289,000	£316,287	9% below HPI
2006 22 SEP	£233,000	£305,252	24% below HPI

HARTWOOD 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 HARTWOOD sales between September 2006 and July 2024 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is HARTWOOD?

HARTWOOD is 75m², which includes one extension, according to the EPC inspection conducted in February 2024. 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 HARTWOOD lies on this distribution: 14% of detached houses are smaller than HARTWOOD, and 86% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

HARTWOOD: Plot and Title Map

HARTWOOD sits on a plot of roughly 0.170 of an acre, or 690m². The below map shows the location of HARTWOOD, 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 HARTWOOD). 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 HARTWOOD?

HARTWOOD is located on WAVERING LANE EAST in GILLINGHAM, in the SP8 postcode district. The below map shows the position of HARTWOOD on WAVERING LANE EAST.