8, OCTAVE TERRACE, GILLINGHAM, SP8 4DT - £222,500

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.

8 OCTAVE TERRACE is a midsized terraced house of 108m², built sometime between 1900 and 1929, which could now be worth an estimated £217,385. It was last sold for £222,500 in April 2023, which was around 18% below the average April 2023 terraced price in the Dorset local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

8 OCTAVE TERRACE Sold Prices

Land registry data shows three sales for 8 OCTAVE TERRACE 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. Two of the three 8 OCTAVE TERRACE sales were for below the average price, whilst one was for 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
2023 4 APR	£222,500	£270,207	18% below HPI
1998 24 APR	£57,000	£54,321	5% above HPI
1997 29 AUG	£51,500	£52,150	1% below HPI

8 OCTAVE TERRACE 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 8 OCTAVE TERRACE sales between August 1997 and April 2023 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 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 OCTAVE TERRACE be worth now?

8 OCTAVE TERRACE might now be worth an estimated £217,385.

This is based on house price deflation of 2.3%, between April 2023 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 2.3% deflationary decrease is applied to the most recent sale price for 8 OCTAVE TERRACE of £222,500 on 4th April 2023. For the value to have decreased from £222,500 to £217,385 over the one year and ten months to June 2025, the following assumptions must hold true:

• The value of 8 OCTAVE TERRACE has moved in line with the HPI for terraced houses in the Dorset local authority area.
• The April 2023 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OCTAVE TERRACE has not materially changed since April 2023.

How Large is 8 OCTAVE TERRACE?

8 OCTAVE TERRACE is 108m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% 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 8 OCTAVE TERRACE lies on this distribution: 48% of terraced houses houses are smaller than 8 OCTAVE TERRACE, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 OCTAVE TERRACE: Plot and Title Map

8 OCTAVE TERRACE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 8 OCTAVE TERRACE, 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 8 OCTAVE TERRACE). 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 8 OCTAVE TERRACE?

8 OCTAVE TERRACE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 8 on OCTAVE TERRACE.