OAKLANDS, WAVERING LANE EAST, GILLINGHAM, SP8 4NX - £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.

OAKLANDS is a small detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £386,912. It was last sold for £230,000 in November 2009, which was around 27% 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	£314,126	27% below HPI
2007 9 OCT	£220,000	£346,835	37% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2009 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £386,912.

This is based on house price inflation of 68.2%, between November 2009 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 68.2% inflationary increase is applied to the most recent sale price for OAKLANDS of £230,000 on 18th November 2009. For the value to have increased from £230,000 to £386,912 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2009 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since November 2009.

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 houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where OAKLANDS lies on this distribution: 37% of detached houses 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.