5, SHERBOURNE DRIVE, STROOD, ROCHESTER, ME2 3LX - £520,000

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 SHERBOURNE DRIVE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £520,000 in October 2019, which was around 22% above the average October 2019 detached price in the Medway local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

5 SHERBOURNE DRIVE Sold Prices

Land registry data shows three sales for 5 SHERBOURNE 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 SHERBOURNE 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
2019 31 OCT	£520,000	£424,533	22% above HPI
2017 12 DEC	£510,000	£423,504	20% above HPI
1998 20 JUL	£166,000	£103,119	61% above HPI

5 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 three 5 SHERBOURNE DRIVE sales between July 1998 and October 2019 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 December 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 5 SHERBOURNE DRIVE?

5 SHERBOURNE DRIVE is 134m² according to the EPC inspection conducted in August 2017. 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 SHERBOURNE DRIVE lies on this distribution: 61% of detached houses are smaller than 5 SHERBOURNE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Rochester.

5 SHERBOURNE DRIVE: Plot and Title Map

5 SHERBOURNE DRIVE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 5 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 5 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 5 SHERBOURNE DRIVE?

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