OAKLANDS, WAVERING LANE EAST, GILLINGHAM, SP8 4NX - £230,000

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

OAKLANDS is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £230,000 in November 2009, which was around 25% below the average November 2009 detached price in the Dorset local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS 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 OAKLANDS 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
2009 18 NOV	£230,000	£304,638	25% below HPI
2007 9 OCT	£220,000	£336,359	35% below HPI

OAKLANDS 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 OAKLANDS sales from October 2007 and November 2009 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 October 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2009 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is OAKLANDS?

OAKLANDS is 97m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where OAKLANDS lies on this distribution: 38% of detached houses are smaller than OAKLANDS, and 62% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

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