THE OLD STABLES, STATION ROAD, GILLINGHAM, SP8 4QA - £249,000

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 OLD STABLES is a very large detached house of 153m², built sometime between 1976 and 1982. It was last sold for £249,000 in October 2007, which was around 26% below the average October 2007 detached price in the Dorset local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

THE OLD STABLES Sold Prices

Land registry data shows two sales for THE OLD STABLES 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 OLD STABLES 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
2007 22 OCT	£249,000	£336,359	26% below HPI
2001 31 AUG	£90,000	£183,866	51% below HPI

THE OLD STABLES 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 OLD STABLES sales from August 2001 and October 2007 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 2001 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2007 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THE OLD STABLES?

THE OLD STABLES is 153m² according to the EPC inspection conducted in October 2023. 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 THE OLD STABLES lies on this distribution: 88% of detached houses are smaller than THE OLD STABLES, and 12% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

THE OLD STABLES: Plot and Title Map

THE OLD STABLES sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of THE OLD STABLES, 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 OLD STABLES). 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 OLD STABLES?

THE OLD STABLES is located on STATION ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of THE OLD STABLES on STATION ROAD.