PAX COTTAGE, CHAPEL HILL, KINGTON MAGNA, GILLINGHAM, SP8 5ER - £462,000

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.

PAX COTTAGE is a midsized extended semi-detached house of 144m², built sometime before 1900, which could now be worth an estimated £542,723. It was last sold for £462,000 in February 2021, which was around 60% above the average February 2021 semi-detached price in the Dorset local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

PAX COTTAGE Sold Prices

Land registry data shows five sales for PAX COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Dorset local authority area for the corresponding sale date. All of the five PAX COTTAGE sales were for above 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 1 FEB	£462,000	£289,425	60% above HPI
2014 5 DEC	£367,500	£229,769	60% above HPI
2010 2 DEC	£265,000	£207,749	28% above HPI
2001 19 JAN	£126,000	£101,643	24% above HPI
2000 29 AUG	£128,000	£100,226	28% above HPI

PAX COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dorset local authority area over time, sourced from the HPI. The five PAX COTTAGE sales between August 2000 and February 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 December 2014 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the February 2021 sale, which was also at 60% above the HPI.

What might PAX COTTAGE be worth now?

PAX COTTAGE might now be worth an estimated £542,723.

This is based on house price inflation of 17.5%, between February 2021 and February 2025, for semi-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 17.5% inflationary increase is applied to the most recent sale price for PAX COTTAGE of £462,000 on 1st February 2021. For the value to have increased from £462,000 to £542,723 over the four years to February 2025, the following assumptions must hold true:

• The value of PAX COTTAGE has moved in line with the HPI for semi-detached houses in the Dorset local authority area.
• The February 2021 sale price of £462,000 represented a fair market value for the property.
• The size, condition, and specification of PAX COTTAGE has not materially changed since February 2021.

How Large is PAX COTTAGE?

PAX COTTAGE is 144m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of semi-detached houses houses in Kington Magna, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kington Magna, and where PAX COTTAGE lies on this distribution: 59% of semi-detached houses houses are smaller than PAX COTTAGE, and 38% of houses are larger. Note that EPC data is not available for all properties in Kington Magna.

PAX COTTAGE: Plot and Title Map

PAX COTTAGE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of PAX COTTAGE, 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 PAX COTTAGE). 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 PAX COTTAGE?

PAX COTTAGE is located on CHAPEL HILL in KINGTON MAGNA, in the SP8 postcode district. The below map shows the position of PAX COTTAGE on CHAPEL HILL.