ROSE BANK, VALLEY LANE, MEOPHAM, GRAVESEND, DA13 0DG - £247,000

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.

ROSE BANK is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £538,718. It was last sold for £247,000 in July 2003, which was around 14% below the average July 2003 detached price in the Gravesham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

ROSE BANK Sold Prices

Land registry data shows two sales for ROSE BANK 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 ROSE BANK 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
2003 4 JUL	£247,000	£288,313	14% below HPI
1996 19 JUL	£75,000	£106,256	29% below HPI

ROSE BANK 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 ROSE BANK sales from July 1996 and July 2003 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 July 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2003 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might ROSE BANK be worth now?

ROSE BANK might now be worth an estimated £538,718.

This is based on house price inflation of 118.1%, between July 2003 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 118.1% inflationary increase is applied to the most recent sale price for ROSE BANK of £247,000 on 4th July 2003. For the value to have increased from £247,000 to £538,718 over the 22 years and five months to February 2025, the following assumptions must hold true:

• The value of ROSE BANK has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The July 2003 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE BANK has not materially changed since July 2003.

How Large is ROSE BANK?

ROSE BANK is 81m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses houses in Culverstone Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Culverstone Green, and where ROSE BANK lies on this distribution: 14% of detached houses houses are smaller than ROSE BANK, and 85% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

ROSE BANK: Plot and Title Map

ROSE BANK sits on a plot of roughly 0.275 of an acre, or 1,113m². The below map shows the location of ROSE BANK, 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 ROSE BANK). 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 ROSE BANK?

ROSE BANK is located on VALLEY LANE in MEOPHAM, in the DA13 postcode district. The below map shows the position of ROSE BANK on VALLEY LANE.