REDLANDS, COMMON MEAD LANE, GILLINGHAM, SP8 4RE - £435,000

REDLANDS is a very large extended detached house of 184m², built sometime between 1967 and 1975. It was last sold for £435,000 in December 2015, which was around 13% above the average December 2015 detached price in the Dorset local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

REDLANDS Sold Prices

Land registry data shows two sales for REDLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two REDLANDS sales were 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
2015 16 DEC	£435,000	£384,267	13% above HPI
2001 1 MAY	£265,000	£170,688	55% above HPI

REDLANDS 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 two REDLANDS sales from May 2001 and December 2015 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 May 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is REDLANDS?

REDLANDS is 184m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where REDLANDS lies on this distribution: 95% of detached houses are smaller than REDLANDS, and 5% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.347 of an acre, or 1,404m². The below map shows the location of REDLANDS, 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 REDLANDS). 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 REDLANDS?

REDLANDS is located on COMMON MEAD LANE in GILLINGHAM, in the SP8 postcode district. The below map shows the position of REDLANDS on COMMON MEAD LANE.