HILL MEAD, BAY ROAD, GILLINGHAM, SP8 4EW - £305,000

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

HILL MEAD is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £305,000 in April 2019, which was around 28% below the average April 2019 detached price in the Dorset local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

HILL MEAD Sold Prices

Land registry data shows two sales for HILL MEAD 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 HILL MEAD 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
2019 17 APR	£305,000	£423,596	28% below HPI
2011 15 NOV	£184,000	£320,014	43% below HPI

HILL MEAD 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 HILL MEAD sales from November 2011 and April 2019 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 November 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is HILL MEAD?

HILL MEAD is 89m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where HILL MEAD lies on this distribution: 28% of detached houses are smaller than HILL MEAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

HILL MEAD: Plot and Title Map

HILL MEAD sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of HILL MEAD, 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 HILL MEAD). 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 HILL MEAD?

HILL MEAD is located on BAY ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of HILL MEAD on BAY ROAD.