3, MILL LANE, TENTERDEN, TN30 6NA - £825,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 MILL LANE is a very large detached house of 161m², built sometime between 1900 and 1929. It was last sold for £825,000 in September 2023, which was around 52% above the average September 2023 detached price in the Ashford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

3 MILL LANE Sold Prices

Land registry data shows three sales for 3 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 Ashford local authority area for the corresponding sale date. All of the three 3 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
2023 29 SEP	£825,000	£544,445	52% above HPI
2016 15 JUL	£580,000	£411,635	41% above HPI
2014 4 SEP	£387,500	£356,586	9% above HPI

3 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The three 3 MILL LANE sales between September 2014 and September 2023 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 July 2016 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2023 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 3 MILL LANE?

3 MILL LANE is 161m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Tenterden, based on EPC data. The below chart shows the distribution of detached houses by size in Tenterden, and where 3 MILL LANE lies on this distribution: 80% of detached houses are smaller than 3 MILL LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Tenterden.

3 MILL LANE: Plot and Title Map

3 MILL LANE sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of 3 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 3 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 3 MILL LANE?

3 MILL LANE is located in TENTERDEN, in the TN30 postcode district. The below map shows the position of No. 3 on MILL LANE.