3, BROAD ACRES, GILLINGHAM, SP8 4SB - £142,000

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.

3 BROAD ACRES is a very small terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £167,193. It was last sold for £142,000 in October 2020, which was around 37% below the average October 2020 terraced price in the Dorset local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

3 BROAD ACRES Sold Prices

Land registry data shows three sales for 3 BROAD ACRES 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. All of the three 3 BROAD ACRES 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
2020 30 OCT	£142,000	£224,215	37% below HPI
2007 31 AUG	£132,000	£185,144	29% below HPI
2004 6 FEB	£114,950	£133,966	14% below HPI

3 BROAD ACRES 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 3 BROAD ACRES sales between February 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 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 BROAD ACRES be worth now?

3 BROAD ACRES might now be worth an estimated £167,193.

This is based on house price inflation of 17.7%, between October 2020 and June 2025, 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 17.7% inflationary increase is applied to the most recent sale price for 3 BROAD ACRES of £142,000 on 30th October 2020. For the value to have increased from £142,000 to £167,193 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 3 BROAD ACRES has moved in line with the HPI for terraced houses in the Dorset local authority area.
• The October 2020 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BROAD ACRES has not materially changed since October 2020.

How Large is 3 BROAD ACRES?

3 BROAD ACRES is 60m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 3 BROAD ACRES lies on this distribution: 3% of terraced houses houses are smaller than 3 BROAD ACRES, and 97% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 BROAD ACRES: Plot and Title Map

3 BROAD ACRES sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 3 BROAD ACRES, 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 3 BROAD ACRES). 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 3 BROAD ACRES?

3 BROAD ACRES is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 3 on BROAD ACRES.