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

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.

PELHAM is a large detached house of 142m², built sometime between 2003 and 2006, which could now be worth an estimated £584,116. It was last sold for £610,000 in November 2022, which was around 11% 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	£551,847	11% above HPI
2005 4 APR	£365,000	£291,765	25% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might PELHAM be worth now?

PELHAM might now be worth an estimated £584,116.

This is based on house price deflation of 4.2%, between November 2022 and February 2025, for 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 4.2% deflationary decrease is applied to the most recent sale price for PELHAM of £610,000 on 15th November 2022. For the value to have decreased from £610,000 to £584,116 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of PELHAM has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2022 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of PELHAM has not materially changed since November 2022.

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 houses in East Stour, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Stour, and where PELHAM lies on this distribution: 77% of detached houses 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.