5, OLIVIER DRIVE, WAINSCOTT, ROCHESTER, ME3 8GQ - £620,000

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

5 OLIVIER DRIVE is a very large detached house of 181m², built sometime between 1996 and 2002, which could now be worth an estimated £626,244. It was last sold for £620,000 in July 2023, which was around 18% above the average July 2023 detached price in the Medway local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

5 OLIVIER DRIVE Sold Prices

Land registry data shows five sales for 5 OLIVIER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 5 OLIVIER 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 21 JUL	£620,000	£527,291	18% above HPI
2015 18 SEP	£450,000	£349,501	29% above HPI
2013 6 DEC	£347,000	£282,438	23% above HPI
2010 23 APR	£350,000	£264,564	32% above HPI
2002 20 DEC	£280,000	£217,466	29% above HPI

5 OLIVIER 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 five 5 OLIVIER DRIVE sales between December 2002 and July 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 September 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2023 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 OLIVIER DRIVE be worth now?

5 OLIVIER DRIVE might now be worth an estimated £626,244.

This is based on house price inflation of 1%, between July 2023 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 1% inflationary increase is applied to the most recent sale price for 5 OLIVIER DRIVE of £620,000 on 21st July 2023. For the value to have increased from £620,000 to £626,244 over the seven months to December 2024, the following assumptions must hold true:

• The value of 5 OLIVIER DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2023 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLIVIER DRIVE has not materially changed since July 2023.

How Large is 5 OLIVIER DRIVE?

5 OLIVIER DRIVE is 181m² according to the EPC inspection conducted in February 2019. 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 5 OLIVIER DRIVE lies on this distribution: 87% of detached houses houses are smaller than 5 OLIVIER DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Rochester.

5 OLIVIER DRIVE: Plot and Title Map

5 OLIVIER DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 5 OLIVIER 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 OLIVIER 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 OLIVIER DRIVE?

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