5, HOLLYTREE DRIVE, HIGHAM, ROCHESTER, ME3 7EG - £735,000

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.

5 HOLLYTREE DRIVE is a large extended detached house of 165m², built sometime between 1983 and 1990, which could now be worth an estimated £763,620. It was last sold for £735,000 in February 2022, which was around 21% above the average February 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

5 HOLLYTREE DRIVE Sold Prices

Land registry data shows two sales for 5 HOLLYTREE 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 Gravesham local authority area for the corresponding sale date. Both of the two 5 HOLLYTREE 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
2022 1 FEB	£735,000	£605,256	21% above HPI
2000 25 AUG	£280,000	£186,920	50% above HPI

5 HOLLYTREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 5 HOLLYTREE DRIVE sales from August 2000 and February 2022 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 August 2000 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 5 HOLLYTREE DRIVE be worth now?

5 HOLLYTREE DRIVE might now be worth an estimated £763,620.

This is based on house price inflation of 3.9%, between February 2022 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% inflationary increase is applied to the most recent sale price for 5 HOLLYTREE DRIVE of £735,000 on 1st February 2022. For the value to have increased from £735,000 to £763,620 over the three years to February 2025, the following assumptions must hold true:

• The value of 5 HOLLYTREE DRIVE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The February 2022 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOLLYTREE DRIVE has not materially changed since February 2022.

How Large is 5 HOLLYTREE DRIVE?

5 HOLLYTREE DRIVE is 165m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses houses in Higham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higham, and where 5 HOLLYTREE DRIVE lies on this distribution: 70% of detached houses houses are smaller than 5 HOLLYTREE DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Higham.

5 HOLLYTREE DRIVE: Plot and Title Map

5 HOLLYTREE DRIVE sits on a plot of roughly 0.286 of an acre, or 1,157m². The below map shows the location of 5 HOLLYTREE 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 HOLLYTREE 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 HOLLYTREE DRIVE?

5 HOLLYTREE DRIVE is located in HIGHAM, in the ME3 postcode district. The below map shows the position of No. 5 on HOLLYTREE DRIVE.