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

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 NORTH LANE is a very small detached house of 64m². It was last sold for £320,000 in May 2024, which was around 50% 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	£633,704	50% below HPI
2019 21 OCT	£270,000	£541,354	50% below HPI
2014 13 OCT	£220,000	£408,452	46% below HPI
2012 30 NOV	£203,000	£344,184	41% 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2024 sale, which was also at 50% below the HPI.

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 in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 2 NORTH LANE lies on this distribution: 4% of detached 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.