10, MILL BANK, HEADCORN, ASHFORD, TN27 9RD - £666,000

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

10 MILL BANK is a midsized detached house of 113m², built sometime between 1991 and 1995. It was last sold for £666,000 in September 2023, which was around 20% above the average September 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

10 MILL BANK Sold Prices

Land registry data shows four sales for 10 MILL BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Most of the four 10 MILL BANK 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
2023 11 SEP	£666,000	£555,981	20% above HPI
2018 28 NOV	£420,000	£492,660	15% below HPI
2001 17 AUG	£235,000	£200,435	17% above HPI
1999 8 MAR	£144,000	£140,705	2% above HPI

10 MILL BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 10 MILL BANK sales between March 1999 and September 2023 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 November 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 10 MILL BANK?

10 MILL BANK is 113m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Headcorn, based on EPC data. The below chart shows the distribution of detached houses by size in Headcorn, and where 10 MILL BANK lies on this distribution: 43% of detached houses are smaller than 10 MILL BANK, and 57% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

10 MILL BANK: Plot and Title Map

10 MILL BANK sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 10 MILL 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 10 MILL 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 10 MILL BANK?

10 MILL BANK is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 10 on MILL BANK.