42, SCHOOL LANE, HIGHAM, ROCHESTER, ME3 7JE - £465,000

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.

42 SCHOOL LANE is a large extended detached house of 177m², built sometime between 1900 and 1929, which could now be worth an estimated £840,319. It was last sold for £465,000 in March 2008, which was around 34% above the average March 2008 detached price in the Gravesham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

42 SCHOOL LANE Sold Prices

Land registry data shows two sales for 42 SCHOOL 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 Gravesham local authority area for the corresponding sale date. Both of the two 42 SCHOOL LANE sales were 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
2008 27 MAR	£465,000	£347,967	34% above HPI
1995 31 OCT	£138,000	£104,370	32% above HPI

42 SCHOOL 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 two 42 SCHOOL LANE sales from October 1995 and March 2008 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 1995 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2008 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 42 SCHOOL LANE be worth now?

42 SCHOOL LANE might now be worth an estimated £840,319.

This is based on house price inflation of 80.7%, between March 2008 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 80.7% inflationary increase is applied to the most recent sale price for 42 SCHOOL LANE of £465,000 on 27th March 2008. For the value to have increased from £465,000 to £840,319 over the seventeen years and one month to February 2025, the following assumptions must hold true:

• The value of 42 SCHOOL LANE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The March 2008 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SCHOOL LANE has not materially changed since March 2008.

How Large is 42 SCHOOL LANE?

42 SCHOOL LANE is 177m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses houses in Higham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higham, and where 42 SCHOOL LANE lies on this distribution: 75% of detached houses houses are smaller than 42 SCHOOL LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Higham.

42 SCHOOL LANE: Plot and Title Map

42 SCHOOL LANE sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of 42 SCHOOL 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 42 SCHOOL 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 42 SCHOOL LANE?

42 SCHOOL LANE is located in HIGHAM, in the ME3 postcode district. The below map shows the position of No. 42 on SCHOOL LANE.