16, OLIVIER DRIVE, WAINSCOTT, ROCHESTER, ME3 8GQ - £390,000

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.

16 OLIVIER DRIVE is a large detached house of 151m², built sometime between 1996 and 2002, which could now be worth an estimated £644,327. It was last sold for £390,000 in December 2014, which was around 20% above the average December 2014 detached price in the Medway local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

16 OLIVIER DRIVE Sold Prices

Land registry data shows four sales for 16 OLIVIER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 16 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
2014 5 DEC	£390,000	£326,048	20% above HPI
2007 29 OCT	£390,000	£287,269	36% above HPI
2004 5 MAR	£345,000	£244,280	41% above HPI
2002 19 APR	£299,000	£180,174	66% above HPI

16 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 four 16 OLIVIER DRIVE sales between April 2002 and December 2014 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 October 2007 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2014 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 16 OLIVIER DRIVE be worth now?

16 OLIVIER DRIVE might now be worth an estimated £644,327.

This is based on house price inflation of 65.2%, between December 2014 and February 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 65.2% inflationary increase is applied to the most recent sale price for 16 OLIVIER DRIVE of £390,000 on 5th December 2014. For the value to have increased from £390,000 to £644,327 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 OLIVIER DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2014 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OLIVIER DRIVE has not materially changed since December 2014.

How Large is 16 OLIVIER DRIVE?

16 OLIVIER DRIVE is 151m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% 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 16 OLIVIER DRIVE lies on this distribution: 73% of detached houses houses are smaller than 16 OLIVIER DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Rochester.

16 OLIVIER DRIVE: Plot and Title Map

16 OLIVIER DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 16 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 16 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 16 OLIVIER DRIVE?

16 OLIVIER DRIVE is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 16 on OLIVIER DRIVE.