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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE FIRS is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £350,000 in March 2022, which was around 31% 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	£504,090	31% below HPI
2015 15 MAY	£210,000	£359,413	42% below HPI
2013 22 MAR	£185,000	£321,410	42% below HPI
1999 22 OCT	£85,000	£140,159	39% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where THE FIRS lies on this distribution: 25% of detached 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.