STONECROFT, SHAFTESBURY ROAD, GILLINGHAM, SP8 4LL - £287,500

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

STONECROFT is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £287,500 in December 2022, which was around 46% below the average December 2022 detached price in the Dorset local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

STONECROFT Sold Prices

Land registry data shows four sales for STONECROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four STONECROFT 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 20 DEC	£287,500	£528,604	46% below HPI
2013 21 OCT	£178,000	£333,760	47% below HPI
2007 24 APR	£197,250	£318,152	38% below HPI
2006 28 FEB	£180,000	£288,199	38% below HPI

STONECROFT 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 four STONECROFT sales between February 2006 and December 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 October 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is STONECROFT?

STONECROFT is 84m² according to the EPC inspection conducted in October 2022. 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 STONECROFT lies on this distribution: 23% of detached houses are smaller than STONECROFT, and 77% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

STONECROFT: Plot and Title Map

STONECROFT sits on a plot of roughly 0.041 of an acre, or 168m². The below map shows the location of STONECROFT, 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 STONECROFT). 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 STONECROFT?

STONECROFT is located on SHAFTESBURY ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of STONECROFT on SHAFTESBURY ROAD.