15, EVEREST LANE, ROCHESTER, ME2 3XA - £390,000

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

15 EVEREST LANE is a small extended detached house of 100m², built sometime before 1900. It was last sold for £390,000 in May 2019, which was around 8% below the average May 2019 detached price in the Medway local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

15 EVEREST LANE Sold Prices

Land registry data shows three sales for 15 EVEREST LANE 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 15 EVEREST LANE sales were for below 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 MAY	£390,000	£424,709	8% below HPI
2016 17 NOV	£365,000	£399,198	9% below HPI
2014 13 NOV	£305,000	£313,893	3% below HPI

15 EVEREST LANE 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 15 EVEREST LANE sales between November 2014 and May 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 November 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 15 EVEREST LANE?

15 EVEREST LANE is 100m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 30% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 15 EVEREST LANE lies on this distribution: 27% of detached houses are smaller than 15 EVEREST LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Rochester.

15 EVEREST LANE: Plot and Title Map

15 EVEREST LANE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 15 EVEREST LANE, 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 15 EVEREST LANE). 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 15 EVEREST LANE?

15 EVEREST LANE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 15 on EVEREST LANE.