WILLOWBANK, HIGH STREET, GILLINGHAM, SP8 4AA - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WILLOWBANK is a midsized detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £534,966. It was last sold for £370,000 in March 2015, which was around 1% above the average March 2015 detached price in the Dorset local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

WILLOWBANK Sold Prices

Land registry data shows two sales for WILLOWBANK 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. One of the two WILLOWBANK sales was for above the average price, whilst the other was 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
2015 17 MAR	£370,000	£365,480	1% above HPI
1998 30 OCT	£75,000	£130,661	43% below HPI

WILLOWBANK 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 WILLOWBANK sales from October 1998 and March 2015 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 October 1998 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might WILLOWBANK be worth now?

WILLOWBANK might now be worth an estimated £534,966.

This is based on house price inflation of 44.6%, between March 2015 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.6% inflationary increase is applied to the most recent sale price for WILLOWBANK of £370,000 on 17th March 2015. For the value to have increased from £370,000 to £534,966 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of WILLOWBANK has moved in line with the HPI for detached houses in the Dorset local authority area.
• The March 2015 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOWBANK has not materially changed since March 2015.

How Large is WILLOWBANK?

WILLOWBANK is 105m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where WILLOWBANK lies on this distribution: 44% of detached houses houses are smaller than WILLOWBANK, and 56% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

WILLOWBANK: Plot and Title Map

WILLOWBANK sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of WILLOWBANK, 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 WILLOWBANK). 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 WILLOWBANK?

WILLOWBANK is located on HIGH STREET in GILLINGHAM, in the SP8 postcode district. The below map shows the position of WILLOWBANK on HIGH STREET.