THE NOOK, PEACEMARSH, GILLINGHAM, SP8 4EU - £180,000

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 NOOK is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £180,000 in December 2023, which was around 65% below the average December 2023 detached price in the Dorset local authority area. The most recent EPC inspection was August 2023, where the current energy rating was G, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 THE NOOK 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
2023 15 DEC	£180,000	£511,664	65% below HPI
2021 7 JUN	£270,000	£450,600	40% below HPI

THE NOOK 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 THE NOOK sales from June 2021 and December 2023 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 June 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2023 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is THE NOOK?

THE NOOK is 69m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% 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 NOOK lies on this distribution: 8% of detached houses are smaller than THE NOOK, and 91% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

THE NOOK is located on PEACEMARSH in GILLINGHAM, in the SP8 postcode district. The below map shows the position of THE NOOK on PEACEMARSH.