5, FORDWICH DRIVE, ROCHESTER, ME2 3FA - £579,500

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

5 FORDWICH DRIVE is a large extended detached house of 144m², built sometime between 1991 and 1995. It was last sold for £579,500 in August 2023, which was around 12% above the average August 2023 detached price in the Medway local authority area. The most recent EPC inspection was August 2022, where the current energy rating was F, and the potential energy rating was D.

5 FORDWICH DRIVE Sold Prices

Land registry data shows three sales for 5 FORDWICH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 5 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
2023 29 AUG	£579,500	£515,125	12% above HPI
2008 30 JUN	£330,000	£273,114	21% above HPI
2000 28 JUL	£206,625	£138,869	49% above HPI

5 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 three 5 FORDWICH DRIVE sales between July 2000 and August 2023 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 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2023 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 5 FORDWICH DRIVE?

5 FORDWICH DRIVE is 144m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 5 FORDWICH DRIVE lies on this distribution: 68% of detached houses are smaller than 5 FORDWICH DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Rochester.

5 FORDWICH DRIVE: Plot and Title Map

5 FORDWICH DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 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 5 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 5 FORDWICH DRIVE?

5 FORDWICH DRIVE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 5 on FORDWICH DRIVE.