40, UPPER MILL, EAST MALLING, WEST MALLING, ME19 6BF - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 UPPER MILL is a very small extended detached house of 88m², built sometime before 1900. It was last sold for £495,000 in March 2024, which was around 29% below the average March 2024 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

40 UPPER MILL Sold Prices

Land registry data shows six sales for 40 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. All of the six 40 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
2024 15 MAR	£495,000	£692,841	29% below HPI
2021 12 MAR	£472,500	£629,875	25% below HPI
2018 21 SEP	£463,500	£619,921	25% below HPI
2013 25 APR	£320,000	£414,497	23% below HPI
2007 10 JUL	£337,000	£402,171	16% below HPI
2005 28 OCT	£170,000	£346,314	51% below HPI

40 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 40 UPPER MILL sales between October 2005 and March 2024 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 March 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 40 UPPER MILL?

40 UPPER MILL is 88m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in East Malling, based on EPC data. The below chart shows the distribution of detached houses by size in East Malling, and where 40 UPPER MILL lies on this distribution: 14% of detached houses are smaller than 40 UPPER MILL, and 86% of houses are larger. Note that EPC data is not available for all properties in East Malling.

40 UPPER MILL: Plot and Title Map

40 UPPER MILL sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 40 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 40 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 40 UPPER MILL?

40 UPPER MILL is located in EAST MALLING, in the ME19 postcode district. The below map shows the position of No. 40 on UPPER MILL.