PARK VIEW, HARDINGS LANE, GILLINGHAM, SP8 4HX - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PARK VIEW is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £215,000 in January 2021, which was around 52% below the average January 2021 detached price in the Dorset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

PARK VIEW Sold Prices

Land registry data shows three sales for PARK 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. All of the three PARK VIEW 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
2021 29 JAN	£215,000	£452,623	52% below HPI
1995 20 APR	£77,000	£92,728	17% below HPI
1995 9 MAR	£59,000	£93,676	37% below HPI

PARK 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 PARK VIEW sales between March 1995 and January 2021 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 April 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2021 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is PARK VIEW?

PARK VIEW is 78m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 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 PARK VIEW lies on this distribution: 16% of detached houses are smaller than PARK VIEW, and 83% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of PARK 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 PARK 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 PARK VIEW?

PARK VIEW is located on HARDINGS LANE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of PARK VIEW on HARDINGS LANE.