TOWER HOUSE, QUEEN STREET, GILLINGHAM, SP8 4DZ - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

TOWER HOUSE is a very large semi-detached house of 243m², built sometime before 1900. It was last sold for £400,000 in March 2021, which was around 10% below the average March 2021 detached price in the Dorset local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was D.

TOWER HOUSE Sold Prices

Land registry data shows four sales for TOWER HOUSE 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. Most of the four TOWER HOUSE 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
2021 30 MAR	£400,000	£445,966	10% below HPI
2007 28 SEP	£315,000	£334,486	6% below HPI
2006 3 MAR	£249,999	£288,937	13% below HPI
1997 8 AUG	£170,000	£109,751	55% above HPI

TOWER HOUSE 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 TOWER HOUSE sales between August 1997 and March 2021 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 September 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is TOWER HOUSE?

TOWER HOUSE is 243m² according to the EPC inspection conducted in June 2016. 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 TOWER HOUSE lies on this distribution: 99% of detached houses are smaller than TOWER HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

TOWER HOUSE: Plot and Title Map

TOWER HOUSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of TOWER HOUSE, 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 TOWER HOUSE). 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 TOWER HOUSE?

TOWER HOUSE is located on QUEEN STREET in GILLINGHAM, in the SP8 postcode district. The below map shows the position of TOWER HOUSE on QUEEN STREET.