THE LAURELS, NEWBURY, GILLINGHAM, SP8 4HZ - £345,000

THE LAURELS is a very large extended detached house of 153m², built sometime before 1900. It was last sold for £345,000 in December 2003, which was around 32% above the average December 2003 detached price in the Dorset local authority area. The most recent EPC inspection was February 2023, where the current energy rating was F, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2003 17 DEC	£345,000	£261,351	32% above HPI
1998 29 JUN	£147,000	£119,932	23% above HPI

THE LAURELS 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 THE LAURELS sales from June 1998 and December 2003 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 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2003 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 153m², which includes four extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where THE LAURELS lies on this distribution: 87% of detached houses are smaller than THE LAURELS, and 12% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on NEWBURY in GILLINGHAM, in the SP8 postcode district. The below map shows the position of THE LAURELS on NEWBURY.