12, PARCHMENT DRIVE, SITTINGBOURNE, ME10 5BN - £278,500

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.

12 PARCHMENT DRIVE is a very small terraced house of 78m², which could now be worth an estimated £311,031. It was last sold for £278,500 in August 2021, which was around 24% above the average August 2021 terraced price in the Swale local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

12 PARCHMENT DRIVE Sold Prices

Land registry data shows two sales for 12 PARCHMENT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Swale local authority area for the corresponding sale date. Both of the two 12 PARCHMENT 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
2021 6 AUG	£278,500	£224,213	24% above HPI
2016 5 MAY	£249,995	£185,714	35% above HPI

12 PARCHMENT DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Swale local authority area over time, sourced from the HPI. The two 12 PARCHMENT DRIVE sales from May 2016 and August 2021 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 May 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 12 PARCHMENT DRIVE be worth now?

12 PARCHMENT DRIVE might now be worth an estimated £311,031.

This is based on house price inflation of 11.7%, between August 2021 and June 2025, for terraced houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.7% inflationary increase is applied to the most recent sale price for 12 PARCHMENT DRIVE of £278,500 on 6th August 2021. For the value to have increased from £278,500 to £311,031 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 12 PARCHMENT DRIVE has moved in line with the HPI for terraced houses in the Swale local authority area.
• The August 2021 sale price of £278,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PARCHMENT DRIVE has not materially changed since August 2021.

How Large is 12 PARCHMENT DRIVE?

12 PARCHMENT DRIVE is 78m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of terraced houses houses in Sittingbourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sittingbourne, and where 12 PARCHMENT DRIVE lies on this distribution: 9% of terraced houses houses are smaller than 12 PARCHMENT DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

12 PARCHMENT DRIVE: Plot and Title Map

12 PARCHMENT DRIVE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 12 PARCHMENT 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 12 PARCHMENT 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 12 PARCHMENT DRIVE?

12 PARCHMENT DRIVE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 12 on PARCHMENT DRIVE.