SOUTHWATER, TOMLINS LANE, GILLINGHAM, SP8 4BH - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SOUTHWATER is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £310,000 in September 2022, which was around 42% below the average September 2022 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.

SOUTHWATER Sold Prices

Land registry data shows five sales for SOUTHWATER since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the five SOUTHWATER 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
2022 28 SEP	£310,000	£535,653	42% below HPI
2021 30 SEP	£280,000	£461,034	39% below HPI
2014 5 SEP	£226,000	£357,960	37% below HPI
2011 5 DEC	£210,000	£324,553	35% below HPI
2000 28 OCT	£84,000	£170,266	51% below HPI

SOUTHWATER 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 five SOUTHWATER sales between October 2000 and September 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 September 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is SOUTHWATER?

SOUTHWATER is 89m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where SOUTHWATER lies on this distribution: 28% of detached houses are smaller than SOUTHWATER, and 70% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

SOUTHWATER: Plot and Title Map

SOUTHWATER sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of SOUTHWATER, 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 SOUTHWATER). 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 SOUTHWATER?

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