3, FORDWICH DRIVE, ROCHESTER, ME2 3FA - £385,000

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.

3 FORDWICH DRIVE is a large detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £577,688. It was last sold for £385,000 in November 2015, which was around 7% above the average November 2015 detached price in the Medway local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

3 FORDWICH DRIVE Sold Prices

Land registry data shows two sales for 3 FORDWICH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 3 FORDWICH 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 20 NOV	£385,000	£358,997	7% above HPI
2000 30 JUN	£197,500	£138,894	42% above HPI

3 FORDWICH 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 two 3 FORDWICH DRIVE sales from June 2000 and November 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 June 2000 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 FORDWICH DRIVE be worth now?

3 FORDWICH DRIVE might now be worth an estimated £577,688.

This is based on house price inflation of 50%, between November 2015 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 50% inflationary increase is applied to the most recent sale price for 3 FORDWICH DRIVE of £385,000 on 20th November 2015. For the value to have increased from £385,000 to £577,688 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 FORDWICH DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FORDWICH DRIVE has not materially changed since November 2015.

How Large is 3 FORDWICH DRIVE?

3 FORDWICH DRIVE is 133m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 3 FORDWICH DRIVE lies on this distribution: 61% of detached houses houses are smaller than 3 FORDWICH DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Rochester.

3 FORDWICH DRIVE: Plot and Title Map

3 FORDWICH DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 3 FORDWICH 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 3 FORDWICH 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 3 FORDWICH DRIVE?

3 FORDWICH DRIVE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 3 on FORDWICH DRIVE.