MALVERN, POUND LANE, GILLINGHAM, SP8 4NP - £198,000

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

MALVERN is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £198,000 in August 2017, which was around 53% below the average August 2017 detached price in the Dorset local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

MALVERN Sold Prices

Land registry data shows two sales for MALVERN 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 MALVERN 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
2017 9 AUG	£198,000	£416,883	53% below HPI
2010 15 APR	£140,500	£314,088	55% below HPI

MALVERN 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 MALVERN sales from April 2010 and August 2017 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 April 2010 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2017 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is MALVERN?

MALVERN is 65m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 MALVERN lies on this distribution: 6% of detached houses are smaller than MALVERN, and 94% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

MALVERN: Plot and Title Map

MALVERN sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of MALVERN, 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 MALVERN). 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 MALVERN?

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