14, GUINNESS DRIVE, WAINSCOTT, ROCHESTER, ME3 8GE - £425,000

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.

14 GUINNESS DRIVE is a midsized extended detached house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £494,389. It was last sold for £425,000 in June 2021, which was around 8% below the average June 2021 detached price in the Medway local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

14 GUINNESS DRIVE Sold Prices

Land registry data shows two sales for 14 GUINNESS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the two 14 GUINNESS DRIVE sales was for below the average price, whilst the other 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
2021 22 JUN	£425,000	£462,665	8% below HPI
2003 28 MAR	£240,000	£221,864	8% above HPI

14 GUINNESS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 14 GUINNESS DRIVE sales from March 2003 and June 2021 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 March 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 14 GUINNESS DRIVE be worth now?

14 GUINNESS DRIVE might now be worth an estimated £494,389.

This is based on house price inflation of 16.3%, between June 2021 and March 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for 14 GUINNESS DRIVE of £425,000 on 22nd June 2021. For the value to have increased from £425,000 to £494,389 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 14 GUINNESS DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GUINNESS DRIVE has not materially changed since June 2021.

How Large is 14 GUINNESS DRIVE?

14 GUINNESS DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 14 GUINNESS DRIVE lies on this distribution: 49% of detached houses houses are smaller than 14 GUINNESS DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Rochester.

14 GUINNESS DRIVE: Plot and Title Map

14 GUINNESS DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 14 GUINNESS DRIVE, 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 14 GUINNESS DRIVE). 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 14 GUINNESS DRIVE?

14 GUINNESS DRIVE is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 14 on GUINNESS DRIVE.