5, SHREEN WAY, GILLINGHAM, SP8 4EL - £115,000

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.

5 SHREEN WAY is a very small terraced house of 51m², built sometime between 1976 and 1982, which could now be worth an estimated £178,698. It was last sold for £115,000 in November 2011, which was around 32% below the average November 2011 terraced price in the Dorset local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

5 SHREEN WAY Sold Prices

Land registry data shows three sales for 5 SHREEN WAY 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 5 SHREEN WAY 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
2011 4 NOV	£115,000	£169,892	32% below HPI
2007 5 APR	£124,950	£177,173	29% below HPI
2000 12 MAY	£58,000	£73,996	22% below HPI

5 SHREEN WAY 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 5 SHREEN WAY sales between May 2000 and November 2011 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 April 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 5 SHREEN WAY be worth now?

5 SHREEN WAY might now be worth an estimated £178,698.

This is based on house price inflation of 55.4%, between November 2011 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 55.4% inflationary increase is applied to the most recent sale price for 5 SHREEN WAY of £115,000 on 4th November 2011. For the value to have increased from £115,000 to £178,698 over the fourteen years and five months to June 2025, the following assumptions must hold true:

• The value of 5 SHREEN WAY has moved in line with the HPI for terraced houses in the Dorset local authority area.
• The November 2011 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHREEN WAY has not materially changed since November 2011.

How Large is 5 SHREEN WAY?

5 SHREEN WAY is 51m² according to the EPC inspection conducted in November 2009. 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 5 SHREEN WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 SHREEN WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 SHREEN WAY: Plot and Title Map

5 SHREEN WAY sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 5 SHREEN WAY, 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 5 SHREEN WAY). 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 5 SHREEN WAY?

5 SHREEN WAY is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 5 on SHREEN WAY.