2, UPPER MILL, WATERINGBURY, MAIDSTONE, ME18 5PD - £550,000

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

2 UPPER MILL is a very large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £550,000 in April 2021, which was around 13% below the average April 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was C.

2 UPPER MILL Sold Prices

Land registry data shows six sales for 2 UPPER MILL since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Most of the six 2 UPPER MILL 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
2021 23 APR	£550,000	£628,951	13% below HPI
2015 15 JAN	£515,000	£481,597	7% above HPI
2011 12 OCT	£285,000	£404,753	30% below HPI
2004 13 AUG	£298,000	£339,257	12% below HPI
1998 22 SEP	£145,000	£164,511	12% below HPI
1996 22 NOV	£125,000	£126,704	1% below HPI

2 UPPER MILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The six 2 UPPER MILL sales between November 1996 and April 2021 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 January 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 UPPER MILL?

2 UPPER MILL is 162m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Wateringbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wateringbury, and where 2 UPPER MILL lies on this distribution: 86% of detached houses are smaller than 2 UPPER MILL, and 14% of houses are larger. Note that EPC data is not available for all properties in Wateringbury.

2 UPPER MILL: Plot and Title Map

2 UPPER MILL sits on a plot of roughly 0.172 of an acre, or 694m². The below map shows the location of 2 UPPER MILL, 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 UPPER MILL). 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 2 UPPER MILL?

2 UPPER MILL is located in WATERINGBURY, in the ME18 postcode district. The below map shows the position of No. 2 on UPPER MILL.