PELHAM, RIDGE CLOSE, EAST STOUR, GILLINGHAM, SP8 5GY - £610,000

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

PELHAM is a large detached house of 142m², built sometime between 2003 and 2006. It was last sold for £610,000 in November 2022, which was around 14% above the average November 2022 detached price in the Dorset local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

PELHAM Sold Prices

Land registry data shows two sales for PELHAM 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 PELHAM 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 15 NOV	£610,000	£535,179	14% above HPI
2005 4 APR	£365,000	£282,952	29% above HPI

PELHAM 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 PELHAM sales from April 2005 and November 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 April 2005 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is PELHAM?

PELHAM is 142m² according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in East Stour, based on EPC data. The below chart shows the distribution of detached houses by size in East Stour, and where PELHAM lies on this distribution: 77% of detached houses are smaller than PELHAM, and 23% of houses are larger. Note that EPC data is not available for all properties in East Stour.

PELHAM: Plot and Title Map

PELHAM sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of PELHAM, 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 PELHAM). 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 PELHAM?

PELHAM is located on RIDGE CLOSE in EAST STOUR, in the SP8 postcode district. The below map shows the position of PELHAM on RIDGE CLOSE.