HATHERLEY, COMMON MEAD LANE, GILLINGHAM, SP8 4RB - £420,000

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

HATHERLEY is a midsized extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £420,000 in December 2021, which was around 13% below the average December 2021 detached price in the Dorset local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

HATHERLEY Sold Prices

Land registry data shows two sales for HATHERLEY 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 HATHERLEY 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 17 DEC	£420,000	£485,180	13% below HPI
2010 30 JUL	£195,000	£322,779	40% below HPI

HATHERLEY 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 HATHERLEY sales from July 2010 and December 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 July 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is HATHERLEY?

HATHERLEY is 113m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where HATHERLEY lies on this distribution: 55% of detached houses are smaller than HATHERLEY, and 45% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

HATHERLEY: Plot and Title Map

HATHERLEY sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of HATHERLEY, 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 HATHERLEY). 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 HATHERLEY?

HATHERLEY is located on COMMON MEAD LANE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of HATHERLEY on COMMON MEAD LANE.