4, SHERBOURNE DRIVE, STROOD, ROCHESTER, ME2 3LX - £570,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 SHERBOURNE DRIVE is a very large extended detached house of 172m², built sometime between 1983 and 1990, which could now be worth an estimated £696,930. It was last sold for £570,000 in November 2017, which was around 31% above the average November 2017 detached price in the Medway local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

4 SHERBOURNE DRIVE Sold Prices

Land registry data shows two sales for 4 SHERBOURNE 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. One of the two 4 SHERBOURNE DRIVE sales was for above the average price, whilst the other was 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
2017 24 NOV	£570,000	£435,600	31% above HPI
1998 31 JUL	£65,000	£105,904	39% below HPI

4 SHERBOURNE 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 4 SHERBOURNE DRIVE sales from July 1998 and November 2017 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 July 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2017 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 4 SHERBOURNE DRIVE be worth now?

4 SHERBOURNE DRIVE might now be worth an estimated £696,930.

This is based on house price inflation of 22.3%, between November 2017 and December 2024, 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 22.3% inflationary increase is applied to the most recent sale price for 4 SHERBOURNE DRIVE of £570,000 on 24th November 2017. For the value to have increased from £570,000 to £696,930 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 SHERBOURNE DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2017 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHERBOURNE DRIVE has not materially changed since November 2017.

How Large is 4 SHERBOURNE DRIVE?

4 SHERBOURNE DRIVE is 172m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 20% 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 4 SHERBOURNE DRIVE lies on this distribution: 83% of detached houses houses are smaller than 4 SHERBOURNE DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Rochester.

4 SHERBOURNE DRIVE: Plot and Title Map

4 SHERBOURNE DRIVE sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of 4 SHERBOURNE 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 SHERBOURNE 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 SHERBOURNE DRIVE?

4 SHERBOURNE DRIVE is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 4 on SHERBOURNE DRIVE.