38, PARK DRIVE, SITTINGBOURNE, ME10 1RW - £545,000

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

38 PARK DRIVE is a midsized extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £545,000 in January 2024, which was around 15% above the average January 2024 detached price in the Swale local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

38 PARK DRIVE Sold Prices

Land registry data shows four sales for 38 PARK 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 Swale local authority area for the corresponding sale date. All of the four 38 PARK 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
2024 4 JAN	£545,000	£474,098	15% above HPI
2006 3 NOV	£305,000	£257,736	18% above HPI
2003 27 NOV	£294,995	£219,828	34% above HPI
1996 26 JAN	£92,000	£84,449	9% above HPI

38 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 38 PARK DRIVE sales between January 1996 and January 2024 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 November 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 38 PARK DRIVE?

38 PARK DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Sittingbourne, and where 38 PARK DRIVE lies on this distribution: 60% of detached houses are smaller than 38 PARK DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

38 PARK DRIVE: Plot and Title Map

38 PARK DRIVE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 38 PARK 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 38 PARK 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 38 PARK DRIVE?

38 PARK DRIVE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 38 on PARK DRIVE.