16, MILL BANK, HEADCORN, ASHFORD, TN27 9RD - £499,950

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.

16 MILL BANK is a large extended detached house of 155m², built sometime between 1983 and 1990, which could now be worth an estimated £673,110. It was last sold for £499,950 in November 2015, which was around 6% above the average November 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

16 MILL BANK Sold Prices

Land registry data shows two sales for 16 MILL BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. One of the two 16 MILL BANK sales was for above the average price, whilst the other was roughly equal to 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 27 NOV	£499,950	£471,583	6% above HPI
2006 21 SEP	£360,000	£359,858	Close to HPI

16 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 two 16 MILL BANK sales from September 2006 and November 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 September 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 16 MILL BANK be worth now?

16 MILL BANK might now be worth an estimated £673,110.

This is based on house price inflation of 34.6%, between November 2015 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.6% inflationary increase is applied to the most recent sale price for 16 MILL BANK of £499,950 on 27th November 2015. For the value to have increased from £499,950 to £673,110 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 MILL BANK has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The November 2015 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 16 MILL BANK has not materially changed since November 2015.

How Large is 16 MILL BANK?

16 MILL BANK is 155m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 30% of detached houses houses in Headcorn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Headcorn, and where 16 MILL BANK lies on this distribution: 76% of detached houses houses are smaller than 16 MILL BANK, and 24% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

16 MILL BANK: Plot and Title Map

16 MILL BANK sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 16 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 16 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 16 MILL BANK?

16 MILL BANK is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 16 on MILL BANK.