11, EVEREST LANE, ROCHESTER, ME2 3XA - £115,000

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.

11 EVEREST LANE is a very small extended terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £205,252. It was last sold for £115,000 in May 2014, which was around 25% below the average May 2014 terraced price in the Medway local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

11 EVEREST LANE Sold Prices

Land registry data shows three sales for 11 EVEREST LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the three 11 EVEREST 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
2014 23 MAY	£115,000	£153,725	25% below HPI
2005 2 JUN	£125,000	£131,128	5% below HPI
2003 12 MAY	£95,000	£106,068	10% below HPI

11 EVEREST LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The three 11 EVEREST LANE sales between May 2003 and May 2014 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 June 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 11 EVEREST LANE be worth now?

11 EVEREST LANE might now be worth an estimated £205,252.

This is based on house price inflation of 78.5%, between May 2014 and July 2025, for terraced houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.5% inflationary increase is applied to the most recent sale price for 11 EVEREST LANE of £115,000 on 23rd May 2014. For the value to have increased from £115,000 to £205,252 over the ten years and ten months to July 2025, the following assumptions must hold true:

• The value of 11 EVEREST LANE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The May 2014 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 11 EVEREST LANE has not materially changed since May 2014.

How Large is 11 EVEREST LANE?

11 EVEREST LANE is 68m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of terraced houses houses in Rochester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rochester, and where 11 EVEREST LANE lies on this distribution: 4% of terraced houses houses are smaller than 11 EVEREST LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rochester.

11 EVEREST LANE: Plot and Title Map

11 EVEREST LANE sits on a plot of roughly 0.016 of an acre, or 66m². The below map shows the location of 11 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 11 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 11 EVEREST LANE?

11 EVEREST LANE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 11 on EVEREST LANE.