6, PALACE ROAD, GILLINGHAM, SP8 4PQ - £350,000

6 PALACE ROAD is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2022, which was around 33% below the average July 2022 detached price in the Dorset local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

6 PALACE ROAD Sold Prices

Land registry data shows three sales for 6 PALACE ROAD 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 6 PALACE ROAD 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
2022 29 JUL	£350,000	£520,890	33% below HPI
2014 20 JUN	£209,750	£343,100	39% below HPI
2002 13 DEC	£180,000	£237,942	24% below HPI

6 PALACE ROAD 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 6 PALACE ROAD sales between December 2002 and July 2022 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 June 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 6 PALACE ROAD?

6 PALACE ROAD is 117m² according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 6 PALACE ROAD lies on this distribution: 59% of detached houses are smaller than 6 PALACE ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

6 PALACE ROAD: Plot and Title Map

6 PALACE ROAD sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 6 PALACE 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 6 PALACE 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 6 PALACE ROAD?

6 PALACE ROAD is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 6 on PALACE ROAD.