15, OLIVIER DRIVE, WAINSCOTT, ROCHESTER, ME3 8GQ - £402,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 OLIVIER DRIVE is a large detached house of 164m², built sometime between 1996 and 2002. It was last sold for £402,500 in July 2015, which was around 22% above the average July 2015 detached price in the Medway local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

15 OLIVIER DRIVE Sold Prices

Land registry data shows three sales for 15 OLIVIER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 15 OLIVIER DRIVE 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 17 JUL	£402,500	£329,730	22% above HPI
2008 2 MAY	£410,000	£277,642	48% above HPI
2002 3 MAY	£275,000	£178,532	54% above HPI

15 OLIVIER 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 three 15 OLIVIER DRIVE sales between May 2002 and July 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 2008 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 15 OLIVIER DRIVE?

15 OLIVIER DRIVE is 164m² according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 15 OLIVIER DRIVE lies on this distribution: 78% of detached houses are smaller than 15 OLIVIER DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Rochester.

15 OLIVIER DRIVE: Plot and Title Map

15 OLIVIER DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 15 OLIVIER 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 15 OLIVIER 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 15 OLIVIER DRIVE?

15 OLIVIER DRIVE is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 15 on OLIVIER DRIVE.