2, NORTH LANE, GRAVESEND, DA11 7BJ - £320,000

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.

2 NORTH LANE is a very small detached house of 64m², which could now be worth an estimated £335,401. It was last sold for £320,000 in May 2024, which was around 47% below the average May 2024 detached price in the Gravesham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 NORTH LANE Sold Prices

Land registry data shows four sales for 2 NORTH LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the four 2 NORTH 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
2024 31 MAY	£320,000	£599,949	47% below HPI
2019 21 OCT	£270,000	£518,629	48% below HPI
2014 13 OCT	£220,000	£391,306	44% below HPI
2012 30 NOV	£203,000	£329,735	38% below HPI

2 NORTH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The four 2 NORTH LANE sales between November 2012 and May 2024 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 October 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 2 NORTH LANE be worth now?

2 NORTH LANE might now be worth an estimated £335,401.

This is based on house price inflation of 4.8%, between May 2024 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.8% inflationary increase is applied to the most recent sale price for 2 NORTH LANE of £320,000 on 31st May 2024. For the value to have increased from £320,000 to £335,401 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 2 NORTH LANE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The May 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORTH LANE has not materially changed since May 2024.

How Large is 2 NORTH LANE?

2 NORTH LANE is 64m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gravesend, and where 2 NORTH LANE lies on this distribution: 4% of detached houses houses are smaller than 2 NORTH LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

2 NORTH LANE: Plot and Title Map

2 NORTH LANE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 2 NORTH 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 NORTH 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 NORTH LANE?

2 NORTH LANE is located in GRAVESEND, in the DA11 postcode district. The below map shows the position of No. 2 on NORTH LANE.