PALAWAN, SHAFTESBURY ROAD, GILLINGHAM, SP8 4LJ - £315,000

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

PALAWAN is a very large extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £315,000 in July 2019, which was around 24% below the average July 2019 detached price in the Dorset local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

PALAWAN Sold Prices

Land registry data shows two sales for PALAWAN 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 PALAWAN 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 26 JUL	£315,000	£415,292	24% below HPI
2006 25 MAY	£268,000	£295,601	9% below HPI

PALAWAN 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 PALAWAN sales from May 2006 and July 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is PALAWAN?

PALAWAN is 149m², which includes one extension, according to the EPC inspection conducted in October 2011. 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 PALAWAN lies on this distribution: 85% of detached houses are smaller than PALAWAN, and 15% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

PALAWAN: Plot and Title Map

PALAWAN sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of PALAWAN, 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 PALAWAN). 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 PALAWAN?

PALAWAN is located on SHAFTESBURY ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of PALAWAN on SHAFTESBURY ROAD.