HERONS VELDT, WYKE ROAD, GILLINGHAM, SP8 4NW - £400,000

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

HERONS VELDT is a very large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £400,000 in November 2018, which was around 6% below the average November 2018 detached price in the Dorset local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

HERONS VELDT Sold Prices

Land registry data shows two sales for HERONS VELDT 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. One of the two HERONS VELDT sales was for below the average price, whilst the other was 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
2018 6 NOV	£400,000	£425,034	6% below HPI
1995 16 MAY	£152,500	£93,314	63% above HPI

HERONS VELDT 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 HERONS VELDT sales from May 1995 and November 2018 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 May 1995 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the November 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is HERONS VELDT?

HERONS VELDT is 169m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where HERONS VELDT lies on this distribution: 92% of detached houses are smaller than HERONS VELDT, and 8% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

HERONS VELDT: Plot and Title Map

HERONS VELDT sits on a plot of roughly 0.349 of an acre, or 1,410m². The below map shows the location of HERONS VELDT, 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 HERONS VELDT). 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 HERONS VELDT?

HERONS VELDT is located on WYKE ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of HERONS VELDT on WYKE ROAD.