2, LOVE LANE, ROCHESTER, ME1 1TN - £325,000

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

2 LOVE LANE is a small detached house of 103m², built sometime before 1900. It was last sold for £325,000 in July 2010, which was around 27% above the average July 2010 detached price in the Medway local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

2 LOVE LANE Sold Prices

Land registry data shows three sales for 2 LOVE 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. One of the three 2 LOVE LANE sales was for above the average price, whilst two 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
2010 14 JUL	£325,000	£256,413	27% above HPI
2008 4 APR	£250,000	£278,116	10% below HPI
2000 22 DEC	£75,000	£143,830	48% below HPI

2 LOVE 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 2 LOVE LANE sales between December 2000 and July 2010 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 April 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2010 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 LOVE LANE?

2 LOVE LANE is 103m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 2 LOVE LANE lies on this distribution: 30% of detached houses are smaller than 2 LOVE LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Rochester.

2 LOVE LANE: Plot and Title Map

2 LOVE LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 LOVE 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 2 LOVE 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 2 LOVE LANE?

2 LOVE LANE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 2 on LOVE LANE.