2B, EVEREST LANE, ROCHESTER, ME2 3XA - £420,000

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

2B EVEREST LANE is a very large detached house of 208m², built sometime between 1983 and 1990. It was last sold for £420,000 in September 2016, which was around 6% above the average September 2016 detached price in the Medway local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

2B EVEREST LANE Sold Prices

Land registry data shows three sales for 2B 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. Two of the three 2B EVEREST LANE sales were for above the average price, whilst one was 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
2016 19 SEP	£420,000	£395,083	6% above HPI
2013 14 NOV	£270,000	£276,316	2% below HPI
1997 19 NOV	£155,000	£98,347	58% above HPI

2B 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 2B EVEREST LANE sales between November 1997 and September 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 November 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2B EVEREST LANE?

2B EVEREST LANE is 208m² according to the EPC inspection conducted in September 2009. This puts it in the largest 10% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 2B EVEREST LANE lies on this distribution: 93% of detached houses are smaller than 2B EVEREST LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Rochester.

2B EVEREST LANE: Plot and Title Map

2B EVEREST LANE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 2B 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 2B 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 2B EVEREST LANE?

2B EVEREST LANE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 2B on EVEREST LANE.