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
2 MILL BANK COTTAGES is a small extended detached house of 98m², built sometime before 1900. It was last sold for £263,500 in January 2020, which was around 36% below the average January 2020 detached price in the Dover local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 MILL BANK COTTAGES since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dover local authority area for the corresponding sale date. All of the three 2 MILL BANK COTTAGES 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 |
---|---|---|---|
2020 7 JAN | £263,500 | £408,864 | 36% below HPI |
2017 4 OCT | £258,000 | £385,191 | 33% below HPI |
1999 3 SEP | £64,000 | £113,639 | 44% below HPI |
The below graph shows the average detached house price in the Dover local authority area over time, sourced from the HPI. The three 2 MILL BANK COTTAGES sales between September 1999 and January 2020 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
2 MILL BANK COTTAGES is 98m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Eastry, based on EPC data. The below chart shows the distribution of detached houses by size in Eastry, and where 2 MILL BANK COTTAGES lies on this distribution: 40% of detached houses are smaller than 2 MILL BANK COTTAGES, and 57% of houses are larger. Note that EPC data is not available for all properties in Eastry.
2 MILL BANK COTTAGES sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 2 MILL BANK COTTAGES, 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 2 MILL BANK COTTAGES). 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.
2 MILL BANK COTTAGES is located on MILL LANE in EASTRY, in the CT13 postcode district. The below map shows the position of 2 MILL BANK COTTAGES on MILL LANE.