HONEYMEAD, BAY LANE, GILLINGHAM, SP8 4ER - £447,500

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

HONEYMEAD is a very large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £447,500 in November 2016, which was around 12% above the average November 2016 detached price in the Dorset local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was C.

HONEYMEAD Sold Prices

Land registry data shows two sales for HONEYMEAD 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 HONEYMEAD 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
2016 15 NOV	£447,500	£400,120	12% above HPI
2010 27 AUG	£420,000	£327,044	28% above HPI

HONEYMEAD 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 HONEYMEAD sales from August 2010 and November 2016 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 August 2010 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is HONEYMEAD?

HONEYMEAD is 147m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 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 HONEYMEAD lies on this distribution: 83% of detached houses are smaller than HONEYMEAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

HONEYMEAD: Plot and Title Map

HONEYMEAD sits on a plot of roughly 0.393 of an acre, or 1,592m². The below map shows the location of HONEYMEAD, 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 HONEYMEAD). 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 HONEYMEAD?

HONEYMEAD is located on BAY LANE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of HONEYMEAD on BAY LANE.