NEWLANDS, SHAFTESBURY ROAD, GILLINGHAM, SP8 4LJ - £285,000

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

NEWLANDS is a very small detached house of 67m², built sometime between 1900 and 1929. It was last sold for £285,000 in October 2019, which was around 32% below the average October 2019 detached price in the Dorset local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

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
2019 31 OCT	£285,000	£418,977	32% below HPI
2017 19 MAY	£195,000	£406,289	52% below HPI
1999 29 OCT	£87,000	£140,159	38% 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 1999 and October 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 May 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 67m² according to the EPC inspection conducted in October 2014. 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 NEWLANDS lies on this distribution: 7% of detached houses are smaller than NEWLANDS, and 93% 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 0.092 of an acre, or 373m². 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 SHAFTESBURY ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of NEWLANDS on SHAFTESBURY ROAD.