12, HANOVER LANE, GILLINGHAM, SP8 4TA - £250,000

12 HANOVER LANE is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2016, which was around 36% below the average August 2016 detached price in the Dorset local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

12 HANOVER LANE Sold Prices

Land registry data shows three sales for 12 HANOVER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 12 HANOVER LANE 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
2016 8 AUG	£250,000	£390,668	36% below HPI
1999 18 AUG	£98,000	£136,658	28% below HPI
1995 1 SEP	£68,500	£92,796	26% below HPI

12 HANOVER LANE 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 three 12 HANOVER LANE sales between September 1995 and August 2016 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 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 12 HANOVER LANE?

12 HANOVER LANE is 99m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 12 HANOVER LANE lies on this distribution: 39% of detached houses are smaller than 12 HANOVER LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

12 HANOVER LANE: Plot and Title Map

12 HANOVER LANE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 12 HANOVER LANE, 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 12 HANOVER LANE). 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 12 HANOVER LANE?

12 HANOVER LANE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 12 on HANOVER LANE.