28, RIDGEWAY ROAD, GILLINGHAM, SP8 4GH - £225,000

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.

28 RIDGEWAY ROAD is a small terraced house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £265,927. It was last sold for £225,000 in October 2020, which was about the average October 2020 terraced price in the Dorset local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

28 RIDGEWAY ROAD Sold Prices

Land registry data shows three sales for 28 RIDGEWAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Dorset local authority area for the corresponding sale date. The three 28 RIDGEWAY ROAD sales were a mix of roughly equal to the average price, and 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
2020 1 OCT	£225,000	£224,215	Close to HPI
2014 15 AUG	£185,000	£185,867	Close to HPI
2004 2 APR	£170,000	£138,250	23% above HPI

28 RIDGEWAY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dorset local authority area over time, sourced from the HPI. The three 28 RIDGEWAY ROAD sales between April 2004 and October 2020 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 2014 sale roughly matched the HPI. So the extrapolation line tracks in line HPI over time, until the October 2020 sale, which was also at roughly the same level as the HPI.

What might 28 RIDGEWAY ROAD be worth now?

28 RIDGEWAY ROAD might now be worth an estimated £265,927.

This is based on house price inflation of 18.2%, between October 2020 and May 2026, for terraced 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 18.2% inflationary increase is applied to the most recent sale price for 28 RIDGEWAY ROAD of £225,000 on 1st October 2020. For the value to have increased from £225,000 to £265,927 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 28 RIDGEWAY ROAD has moved in line with the HPI for terraced houses in the Dorset local authority area.
• The October 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 28 RIDGEWAY ROAD has not materially changed since October 2020.

How Large is 28 RIDGEWAY ROAD?

28 RIDGEWAY ROAD is 99m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 28 RIDGEWAY ROAD lies on this distribution: 39% of terraced houses houses are smaller than 28 RIDGEWAY ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

28 RIDGEWAY ROAD: Plot and Title Map

28 RIDGEWAY ROAD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 28 RIDGEWAY ROAD, 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 28 RIDGEWAY ROAD). 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 28 RIDGEWAY ROAD?

28 RIDGEWAY ROAD is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 28 on RIDGEWAY ROAD.