2, GUINNESS DRIVE, WAINSCOTT, ROCHESTER, ME3 8GE - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GUINNESS DRIVE is a small detached house of 96m². It was last sold for £230,000 in January 2011, which was around 10% below the average January 2011 detached price in the Medway local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

2 GUINNESS DRIVE Sold Prices

Land registry data shows three sales for 2 GUINNESS 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 2 GUINNESS DRIVE sales were for below 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
2011 19 JAN	£230,000	£256,822	10% below HPI
2005 7 OCT	£235,000	£247,158	5% below HPI
2003 5 SEP	£208,000	£230,127	10% below HPI

2 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 three 2 GUINNESS DRIVE sales between September 2003 and January 2011 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 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2011 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 GUINNESS DRIVE?

2 GUINNESS DRIVE is 96m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 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 2 GUINNESS DRIVE lies on this distribution: 24% of detached houses are smaller than 2 GUINNESS DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Rochester.

2 GUINNESS DRIVE: Plot and Title Map

2 GUINNESS DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 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 2 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 2 GUINNESS DRIVE?

2 GUINNESS DRIVE is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 2 on GUINNESS DRIVE.