NEVERLAND, CRUTCHES LANE, ROCHESTER, ME2 3UH - £970,000

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

NEVERLAND is a very large extended detached house of 208m², built sometime between 1950 and 1966. It was last sold for £970,000 in April 2022, which was around 52% above the average April 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

NEVERLAND Sold Prices

Land registry data shows four sales for NEVERLAND 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 NEVERLAND 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
2022 25 APR	£970,000	£640,254	52% above HPI
2016 2 FEB	£550,000	£491,101	12% above HPI
1999 9 JUL	£247,000	£157,410	57% above HPI
1997 19 DEC	£183,000	£129,359	41% above HPI

NEVERLAND 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 NEVERLAND sales between December 1997 and April 2022 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 February 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2022 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is NEVERLAND?

NEVERLAND is 208m², which includes four extensions, according to the EPC inspection conducted in September 2015. 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 NEVERLAND lies on this distribution: 93% of detached houses are smaller than NEVERLAND, and 7% of houses are larger. Note that EPC data is not available for all properties in Rochester.

NEVERLAND: Plot and Title Map

NEVERLAND sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of NEVERLAND, 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 NEVERLAND). 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 NEVERLAND?

NEVERLAND is located on CRUTCHES LANE in ROCHESTER, in the ME2 postcode district. The below map shows the position of NEVERLAND on CRUTCHES LANE.