RIVERSIDE, WAVERING LANE EAST, GILLINGHAM, SP8 4NX - £470,000

RIVERSIDE is a very large extended detached house of 178m², built sometime between 1983 and 1990. It was last sold for £470,000 in October 2016, which was around 18% above the average October 2016 detached price in the Dorset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

RIVERSIDE Sold Prices

Land registry data shows three sales for RIVERSIDE 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. Two of the three RIVERSIDE sales were for above the average price, whilst one was 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
2016 11 OCT	£470,000	£399,387	18% above HPI
2014 10 FEB	£415,000	£336,283	23% above HPI
2003 10 OCT	£207,000	£257,748	20% below HPI

RIVERSIDE 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 RIVERSIDE sales between October 2003 and October 2016 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 February 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is RIVERSIDE?

RIVERSIDE is 178m², which includes one extension, according to the EPC inspection conducted in May 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 RIVERSIDE lies on this distribution: 94% of detached houses are smaller than RIVERSIDE, and 6% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.354 of an acre, or 1,432m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

RIVERSIDE is located on WAVERING LANE EAST in GILLINGHAM, in the SP8 postcode district. The below map shows the position of RIVERSIDE on WAVERING LANE EAST.