18, MILL BANK, HEADCORN, ASHFORD, TN27 9RD - £555,000

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

18 MILL BANK is a very large extended detached house of 387m², built sometime before 1900. It was last sold for £555,000 in September 2005, which was around 80% above the average September 2005 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

18 MILL BANK Sold Prices

Land registry data shows two sales for 18 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. Both of the two 18 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
2005 27 SEP	£555,000	£307,875	80% above HPI
1997 13 OCT	£155,000	£125,427	24% above HPI

18 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 18 MILL BANK sales from October 1997 and September 2005 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 October 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2005 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 18 MILL BANK?

18 MILL BANK is 387m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Headcorn, based on EPC data. The below chart shows the distribution of detached houses by size in Headcorn, and where 18 MILL BANK lies on this distribution: More than 99% of detached houses are smaller than 18 MILL BANK, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

18 MILL BANK: Plot and Title Map

18 MILL BANK sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 18 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 18 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 18 MILL BANK?

18 MILL BANK is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 18 on MILL BANK.