SPRING GARDEN, BOURTON, GILLINGHAM, SP8 5AP - £450,000

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

SPRING GARDEN is a small extended detached house of 132m², built sometime before 1900. It was last sold for £450,000 in April 2022, which was around 12% below the average April 2022 detached price in the Dorset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was A.

SPRING GARDEN Sold Prices

Land registry data shows two sales for SPRING GARDEN 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 SPRING GARDEN 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 29 APR	£450,000	£509,279	12% below HPI
2017 6 APR	£339,000	£405,160	16% below HPI

SPRING GARDEN 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 SPRING GARDEN sales from April 2017 and April 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 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is SPRING GARDEN?

SPRING GARDEN is 132m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Bourton, and where SPRING GARDEN lies on this distribution: 36% of detached houses are smaller than SPRING GARDEN, and 64% of houses are larger. Note that EPC data is not available for all properties in Bourton.

SPRING GARDEN: Plot and Title Map

SPRING GARDEN sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of SPRING GARDEN, 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 SPRING GARDEN). 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 SPRING GARDEN?

SPRING GARDEN is located in BOURTON, in the SP8 postcode district. The below map shows the position of SPRING GARDEN in BOURTON.