40, SHARFLEET DRIVE, ROCHESTER, ME2 2TY - £430,000

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.

40 SHARFLEET DRIVE is a midsized extended semi-detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £540,819. It was last sold for £430,000 in October 2017, which was around 54% above the average October 2017 semi-detached price in the Medway local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

40 SHARFLEET DRIVE Sold Prices

Land registry data shows two sales for 40 SHARFLEET DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 40 SHARFLEET 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
2017 17 OCT	£430,000	£279,558	54% above HPI
2000 1 SEP	£125,000	£88,420	41% above HPI

40 SHARFLEET DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 40 SHARFLEET DRIVE sales from September 2000 and October 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 September 2000 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the October 2017 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 40 SHARFLEET DRIVE be worth now?

40 SHARFLEET DRIVE might now be worth an estimated £540,819.

This is based on house price inflation of 25.8%, between October 2017 and February 2025, for semi-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 25.8% inflationary increase is applied to the most recent sale price for 40 SHARFLEET DRIVE of £430,000 on 17th October 2017. For the value to have increased from £430,000 to £540,819 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 SHARFLEET DRIVE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The October 2017 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SHARFLEET DRIVE has not materially changed since October 2017.

How Large is 40 SHARFLEET DRIVE?

40 SHARFLEET DRIVE is 122m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of semi-detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochester, and where 40 SHARFLEET DRIVE lies on this distribution: 50% of semi-detached houses houses are smaller than 40 SHARFLEET DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Rochester.

40 SHARFLEET DRIVE: Plot and Title Map

40 SHARFLEET DRIVE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 40 SHARFLEET 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 40 SHARFLEET 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 40 SHARFLEET DRIVE?

40 SHARFLEET DRIVE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 40 on SHARFLEET DRIVE.