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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAK VIEW is a very large extended detached house of 143m², built sometime between 1967 and 1975, which could now be worth an estimated £520,917. It was last sold for £437,500 in December 2018, which was about 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. The three OAK VIEW sales were a mix of roughly equal to the average price, above the average price, and 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	£437,578	Close to HPI
2014 16 SEP	£320,000	£369,109	13% below HPI
2004 5 AUG	£350,000	£289,979	21% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might OAK VIEW be worth now?

OAK VIEW might now be worth an estimated £520,917.

This is based on house price inflation of 19.1%, between December 2018 and December 2024, 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 19.1% inflationary increase is applied to the most recent sale price for OAK VIEW of £437,500 on 5th December 2018. For the value to have increased from £437,500 to £520,917 over the six years to December 2024, the following assumptions must hold true:

• The value of OAK VIEW has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2018 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of OAK VIEW has not materially changed since December 2018.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where OAK VIEW lies on this distribution: 81% of detached houses 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.