2, COPPERPENNY DRIVE, HEMPSTEAD, GILLINGHAM, ME7 3DT - £510,000

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

2 COPPERPENNY DRIVE is a midsized detached house of 123m², built sometime from 2007 onwards. It was last sold for £510,000 in April 2019, which was around 19% above the average April 2019 detached price in the Medway local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

2 COPPERPENNY DRIVE Sold Prices

Land registry data shows five sales for 2 COPPERPENNY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the five 2 COPPERPENNY 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
2019 24 APR	£510,000	£429,064	19% above HPI
2015 28 JAN	£440,000	£317,949	38% above HPI
2006 6 NOV	£320,000	£261,847	22% above HPI
2002 5 SEP	£250,000	£199,490	25% above HPI
1997 19 DEC	£40,500	£98,207	59% below HPI

2 COPPERPENNY 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 five 2 COPPERPENNY DRIVE sales between December 1997 and April 2019 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 January 2015 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 COPPERPENNY DRIVE?

2 COPPERPENNY DRIVE is 123m² according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 2 COPPERPENNY DRIVE lies on this distribution: 55% of detached houses are smaller than 2 COPPERPENNY DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 COPPERPENNY DRIVE: Plot and Title Map

2 COPPERPENNY DRIVE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 2 COPPERPENNY 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 2 COPPERPENNY 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 2 COPPERPENNY DRIVE?

2 COPPERPENNY DRIVE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 2 on COPPERPENNY DRIVE.