PEACE COTTAGE, PEACEMARSH, GILLINGHAM, SP8 4HD - £625,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

PEACE COTTAGE is a very large detached house of 175m², built sometime before 1900. It was last sold for £625,000 in December 2022, which was around 18% above the average December 2022 detached price in the Dorset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

PEACE COTTAGE Sold Prices

Land registry data shows two sales for PEACE COTTAGE 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 PEACE 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
2022 6 DEC	£625,000	£531,205	18% above HPI
2007 30 MAY	£410,000	£323,449	27% above HPI

PEACE COTTAGE 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 PEACE COTTAGE sales from May 2007 and December 2022 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 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is PEACE COTTAGE?

PEACE COTTAGE is 175m² according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where PEACE COTTAGE lies on this distribution: 94% of detached houses are smaller than PEACE COTTAGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

PEACE COTTAGE: Plot and Title Map

PEACE COTTAGE sits on a plot of roughly 0.613 of an acre, or 2,481m². The below map shows the location of PEACE 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 PEACE 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 PEACE COTTAGE?

PEACE COTTAGE is located on PEACEMARSH in GILLINGHAM, in the SP8 postcode district. The below map shows the position of PEACE COTTAGE on PEACEMARSH.