1A, WEST LANE, ISLE OF GRAIN, ROCHESTER, ME3 0BA - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1A WEST LANE is a large detached house of 110m², built sometime between 1991 and 1995. It was last sold for £355,000 in June 2016, which was around 8% below the average June 2016 detached price in the Medway local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

1A WEST LANE Sold Prices

Land registry data shows two sales for 1A WEST LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the two 1A WEST LANE sales was for below the average price, whilst the other was 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
2016 7 JUN	£355,000	£384,413	8% below HPI
2001 26 JAN	£173,000	£146,231	18% above HPI

1A WEST 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 two 1A WEST LANE sales from January 2001 and June 2016 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 January 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1A WEST LANE?

1A WEST LANE is 110m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses in Grain, based on EPC data. The below chart shows the distribution of detached houses by size in Grain, and where 1A WEST LANE lies on this distribution: 67% of detached houses are smaller than 1A WEST LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grain.

1A WEST LANE: Plot and Title Map

1A WEST LANE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1A WEST 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 1A WEST 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 1A WEST LANE?

1A WEST LANE is located in ISLE OF GRAIN, in the ME3 postcode district. The below map shows the position of No. 1A on WEST LANE.