10, MILL LANE, HAWKINGE, FOLKESTONE, CT18 7BY - £250,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

10 MILL LANE is a very small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £250,000 in August 2011, which was around 8% below the average August 2011 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

10 MILL LANE Sold Prices

Land registry data shows five sales for 10 MILL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the five 10 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
2011 5 AUG	£250,000	£272,611	8% below HPI
2006 8 NOV	£285,000	£283,077	1% above HPI
2003 13 NOV	£235,000	£231,535	1% above HPI
2000 16 JUN	£120,000	£129,510	7% below HPI
1998 3 APR	£90,000	£98,781	9% below HPI

10 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The five 10 MILL LANE sales between April 1998 and August 2011 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 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2011 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 10 MILL LANE?

10 MILL LANE is 90m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 10 MILL LANE lies on this distribution: 17% of detached houses are smaller than 10 MILL LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

10 MILL LANE: Plot and Title Map

10 MILL LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 10 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 10 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 10 MILL LANE?

10 MILL LANE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 10 on MILL LANE.