OAK VIEW, WAVERING LANE EAST, GILLINGHAM, SP8 4NX - £437,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAK VIEW is a very large extended detached house of 143m², built sometime between 1967 and 1975. It was last sold for £437,500 in December 2018, which was around 3% above the average December 2018 detached price in the Dorset local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

OAK VIEW Sold Prices

Land registry data shows three sales for OAK VIEW 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. Two of the three OAK VIEW sales were for above the average price, whilst one was 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
2018 5 DEC	£437,500	£424,361	3% above HPI
2014 16 SEP	£320,000	£357,960	11% below HPI
2004 5 AUG	£350,000	£281,221	24% above HPI

OAK VIEW 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 OAK VIEW sales between August 2004 and December 2018 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 September 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is OAK VIEW?

OAK VIEW is 143m², which includes one extension, according to the EPC inspection conducted in February 2010. 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 OAK VIEW lies on this distribution: 81% of detached houses are smaller than OAK VIEW, and 19% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

OAK VIEW: Plot and Title Map

OAK VIEW sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of OAK VIEW, 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 OAK VIEW). 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 OAK VIEW?

OAK VIEW is located on WAVERING LANE EAST in GILLINGHAM, in the SP8 postcode district. The below map shows the position of OAK VIEW on WAVERING LANE EAST.