4, PARCHMENT DRIVE, SITTINGBOURNE, ME10 5BN - £385,000

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

4 PARCHMENT DRIVE is a midsized detached house of 105m². It was last sold for £385,000 in January 2021, which was around 10% below the average January 2021 detached price in the Swale local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was B.

4 PARCHMENT DRIVE Sold Prices

Land registry data shows two sales for 4 PARCHMENT 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 Swale local authority area for the corresponding sale date. Both of the two 4 PARCHMENT 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
2021 15 JAN	£385,000	£426,265	10% below HPI
2016 5 MAY	£309,995	£348,194	11% below HPI

4 PARCHMENT 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 two 4 PARCHMENT DRIVE sales from May 2016 and January 2021 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 May 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 PARCHMENT DRIVE?

4 PARCHMENT DRIVE is 105m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Sittingbourne, and where 4 PARCHMENT DRIVE lies on this distribution: 42% of detached houses are smaller than 4 PARCHMENT DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

4 PARCHMENT DRIVE: Plot and Title Map

4 PARCHMENT DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 4 PARCHMENT 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 4 PARCHMENT 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 4 PARCHMENT DRIVE?

4 PARCHMENT DRIVE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 4 on PARCHMENT DRIVE.