10, MILL LANE, HERNE BAY, CT6 7ED - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MILL LANE is a large detached house of 120m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2015, which was around 5% above the average October 2015 detached price in the Canterbury local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

10 MILL LANE Sold Prices

Land registry data shows three sales for 10 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the three 10 MILL LANE 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
2015 9 OCT	£400,000	£379,870	5% above HPI
2003 12 JUN	£267,500	£218,872	22% above HPI
2001 20 SEP	£186,000	£168,987	10% above HPI

10 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 10 MILL LANE sales between September 2001 and October 2015 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 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 10 MILL LANE?

10 MILL LANE is 120m² according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses in Hunters Forstal, based on EPC data. The below chart shows the distribution of detached houses by size in Hunters Forstal, and where 10 MILL LANE lies on this distribution: 74% of detached houses are smaller than 10 MILL LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Hunters Forstal.

10 MILL LANE: Plot and Title Map

10 MILL LANE sits on a plot of roughly 0.127 of an acre, or 512m². 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 HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 10 on MILL LANE.