7, MILL LANE, SHOREHAM, SEVENOAKS, TN14 7TS - £635,000

7 MILL LANE is a small detached house of 105m². It was last sold for £635,000 in September 2019, which was around 16% below the average September 2019 detached price in the Sevenoaks local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was A.

7 MILL LANE Sold Prices

Land registry data shows two sales for 7 MILL 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 Sevenoaks local authority area for the corresponding sale date. Both of the two 7 MILL 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
2019 16 SEP	£635,000	£760,174	16% below HPI
2014 19 DEC	£499,950	£632,350	21% below HPI

7 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two 7 MILL LANE sales from December 2014 and September 2019 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 December 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 MILL LANE?

7 MILL LANE is 105m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of detached houses in Shoreham, based on EPC data. The below chart shows the distribution of detached houses by size in Shoreham, and where 7 MILL LANE lies on this distribution: 28% of detached houses are smaller than 7 MILL LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Shoreham.

7 MILL LANE: Plot and Title Map

7 MILL LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 7 MILL 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 7 MILL 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 7 MILL LANE?

7 MILL LANE is located in SHOREHAM, in the TN14 postcode district. The below map shows the position of No. 7 on MILL LANE.