STOUR LEA, WAVERING LANE EAST, GILLINGHAM, SP8 4NX - £330,000

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

STOUR LEA is a very large extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £330,000 in June 2020, which was around 23% below the average June 2020 detached price in the Dorset local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was A.

STOUR LEA Sold Prices

Land registry data shows two sales for STOUR LEA 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 STOUR LEA 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
2020 5 JUN	£330,000	£426,618	23% below HPI
1997 20 AUG	£123,500	£109,751	13% above HPI

STOUR LEA 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 STOUR LEA sales from August 1997 and June 2020 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 August 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is STOUR LEA?

STOUR LEA is 143m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where STOUR LEA lies on this distribution: 81% of detached houses are smaller than STOUR LEA, and 18% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

STOUR LEA: Plot and Title Map

STOUR LEA sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of STOUR LEA, 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 STOUR LEA). 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 STOUR LEA?

STOUR LEA is located on WAVERING LANE EAST in GILLINGHAM, in the SP8 postcode district. The below map shows the position of STOUR LEA on WAVERING LANE EAST.