NEWLANDS, PEACEMARSH, GILLINGHAM, SP8 4HD - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NEWLANDS is a very large detached house of 141m², built sometime before 1900, which could now be worth an estimated £363,292. It was last sold for £230,000 in November 2012, which was around 31% below the average November 2012 detached price in the Dorset local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

NEWLANDS Sold Prices

Land registry data shows three sales for NEWLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three NEWLANDS 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
2012 23 NOV	£230,000	£334,549	31% below HPI
2012 5 APR	£232,500	£326,138	29% below HPI
1997 17 OCT	£51,000	£115,885	56% below HPI

NEWLANDS 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 three NEWLANDS sales between October 1997 and November 2012 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 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might NEWLANDS be worth now?

NEWLANDS might now be worth an estimated £363,292.

This is based on house price inflation of 58%, between November 2012 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58% inflationary increase is applied to the most recent sale price for NEWLANDS of £230,000 on 23rd November 2012. For the value to have increased from £230,000 to £363,292 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of NEWLANDS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2012 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of NEWLANDS has not materially changed since November 2012.

How Large is NEWLANDS?

NEWLANDS is 141m² according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where NEWLANDS lies on this distribution: 81% of detached houses houses are smaller than NEWLANDS, and 19% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on PEACEMARSH in GILLINGHAM, in the SP8 postcode district. The below map shows the position of NEWLANDS on PEACEMARSH.