RIVERSIDE COTTAGE, BAY ROAD, GILLINGHAM, SP8 4EW - £504,000

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

RIVERSIDE COTTAGE is a very large extended detached house of 168m², built sometime before 1900. It was last sold for £504,000 in October 2023, which was around 3% below the average October 2023 detached price in the Dorset local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

RIVERSIDE COTTAGE Sold Prices

Land registry data shows two sales for RIVERSIDE 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. One of the two RIVERSIDE COTTAGE sales was for below the average price, whilst the other was 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
2023 4 OCT	£504,000	£517,577	3% below HPI
1996 15 MAR	£120,000	£92,865	29% above HPI

RIVERSIDE 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 RIVERSIDE COTTAGE sales from March 1996 and October 2023 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 March 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is RIVERSIDE COTTAGE?

RIVERSIDE COTTAGE is 168m², which includes four extensions, according to the EPC inspection conducted in November 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 RIVERSIDE COTTAGE lies on this distribution: 92% of detached houses are smaller than RIVERSIDE COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

RIVERSIDE COTTAGE: Plot and Title Map

RIVERSIDE COTTAGE sits on a plot of roughly 0.402 of an acre, or 1,629m². The below map shows the location of RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE COTTAGE?

RIVERSIDE COTTAGE is located on BAY ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of RIVERSIDE COTTAGE on BAY ROAD.