THE ORCHARD, WYKE ROAD, GILLINGHAM, SP8 4NH - £330,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE ORCHARD is a very large detached house of 160m², built sometime between 1930 and 1949. It was last sold for £330,000 in August 2012, which was around 3% above the average August 2012 detached price in the Dorset local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

THE ORCHARD Sold Prices

Land registry data shows two sales for THE ORCHARD 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 ORCHARD sales were 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
2012 9 AUG	£330,000	£321,214	3% above HPI
2003 26 FEB	£275,000	£239,773	15% above HPI

THE ORCHARD 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 ORCHARD sales from February 2003 and August 2012 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 February 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2012 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 160m² according to the EPC inspection conducted in April 2012. This puts it in the largest 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 ORCHARD lies on this distribution: 90% of detached houses are smaller than THE ORCHARD, and 9% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

THE ORCHARD is located on WYKE ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of THE ORCHARD on WYKE ROAD.