SHAMBHALA, TOMLINS LANE, GILLINGHAM, SP8 4BH - £175,000

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.

SHAMBHALA is a very small detached house of 40m², built sometime between 1991 and 1995, which could now be worth an estimated £184,843. It was last sold for £175,000 in December 2021, which was around 65% below the average December 2021 detached price in the Dorset local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

SHAMBHALA Sold Prices

Land registry data shows two sales for SHAMBHALA 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 SHAMBHALA sales were for below 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 10 DEC	£175,000	£500,291	65% below HPI
2003 21 OCT	£125,000	£265,776	53% below HPI

SHAMBHALA 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 SHAMBHALA sales from October 2003 and December 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 October 2003 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2021 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might SHAMBHALA be worth now?

SHAMBHALA might now be worth an estimated £184,843.

This is based on house price inflation of 5.6%, between December 2021 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 5.6% inflationary increase is applied to the most recent sale price for SHAMBHALA of £175,000 on 10th December 2021. For the value to have increased from £175,000 to £184,843 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of SHAMBHALA has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of SHAMBHALA has not materially changed since December 2021.

How Large is SHAMBHALA?

SHAMBHALA is 40m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where SHAMBHALA lies on this distribution: Less than 1% of detached houses houses are smaller than SHAMBHALA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

SHAMBHALA: Plot and Title Map

SHAMBHALA sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of SHAMBHALA, 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 SHAMBHALA). 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 SHAMBHALA?

SHAMBHALA is located on TOMLINS LANE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of SHAMBHALA on TOMLINS LANE.