THE FIRS, ROOKERY CLOSE, GILLINGHAM, SP8 4LH - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE FIRS is a small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £351,628. It was last sold for £350,000 in March 2022, which was around 33% below the average March 2022 detached price in the Dorset local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows four sales for THE FIRS 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 THE FIRS 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 7 MAR	£350,000	£518,598	33% below HPI
2015 15 MAY	£210,000	£370,607	43% below HPI
2013 22 MAR	£185,000	£331,421	44% below HPI
1999 22 OCT	£85,000	£144,524	41% below HPI

THE FIRS 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 THE FIRS sales between October 1999 and March 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 May 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £351,628.

This is based on house price inflation of 0.5%, between March 2022 and December 2024, 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 0.5% inflationary increase is applied to the most recent sale price for THE FIRS of £350,000 on 7th March 2022. For the value to have increased from £350,000 to £351,628 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The March 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since March 2022.

How Large is THE FIRS?

THE FIRS is 86m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% 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 THE FIRS lies on this distribution: 25% of detached houses houses are smaller than THE FIRS, and 74% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on ROOKERY CLOSE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of THE FIRS on ROOKERY CLOSE.