17, COLEWOOD DRIVE, ROCHESTER, ME2 3UE - £565,500

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.

17 COLEWOOD DRIVE is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £676,568. It was last sold for £565,500 in February 2020, which was around 8% above the average February 2020 detached price in the Gravesham local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

17 COLEWOOD DRIVE Sold Prices

Land registry data shows four sales for 17 COLEWOOD 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 Gravesham local authority area for the corresponding sale date. All of the four 17 COLEWOOD 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
2020 24 FEB	£565,500	£525,594	8% above HPI
2018 19 SEP	£575,000	£531,769	8% above HPI
2015 26 MAY	£455,000	£417,152	9% above HPI
2010 28 OCT	£335,000	£321,783	4% above HPI

17 COLEWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The four 17 COLEWOOD DRIVE sales between October 2010 and February 2020 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 September 2018 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2020 sale, which was also at 8% above the HPI.

What might 17 COLEWOOD DRIVE be worth now?

17 COLEWOOD DRIVE might now be worth an estimated £676,568.

This is based on house price inflation of 19.6%, between February 2020 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 17 COLEWOOD DRIVE of £565,500 on 24th February 2020. For the value to have increased from £565,500 to £676,568 over the five years to February 2025, the following assumptions must hold true:

• The value of 17 COLEWOOD DRIVE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The February 2020 sale price of £565,500 represented a fair market value for the property.
• The size, condition, and specification of 17 COLEWOOD DRIVE has not materially changed since February 2020.

How Large is 17 COLEWOOD DRIVE?

17 COLEWOOD DRIVE is 86m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% 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 17 COLEWOOD DRIVE lies on this distribution: 16% of detached houses houses are smaller than 17 COLEWOOD DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Rochester.

17 COLEWOOD DRIVE: Plot and Title Map

17 COLEWOOD DRIVE sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of 17 COLEWOOD 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 17 COLEWOOD 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 17 COLEWOOD DRIVE?

17 COLEWOOD DRIVE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 17 on COLEWOOD DRIVE.