40C, MILL LANE, HERNE BAY, CT6 7EB - £350,000

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

40C MILL LANE is a large detached house of 109m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2014, which was around 4% above the average May 2014 detached price in the Canterbury local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

40C MILL LANE Sold Prices

Land registry data shows three sales for 40C 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 Canterbury local authority area for the corresponding sale date. Two of the three 40C MILL LANE sales were for above the average price, whilst one was 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
2014 2 MAY	£350,000	£337,366	4% above HPI
2010 8 SEP	£275,000	£313,548	12% below HPI
1999 27 JUL	£114,500	£113,209	1% above HPI

40C MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 40C MILL LANE sales between July 1999 and May 2014 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 September 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 40C MILL LANE?

40C MILL LANE is 109m² according to the EPC inspection conducted in June 2010. This puts it in the largest 40% of detached houses in Hunters Forstal, based on EPC data. The below chart shows the distribution of detached houses by size in Hunters Forstal, and where 40C MILL LANE lies on this distribution: 64% of detached houses are smaller than 40C MILL LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hunters Forstal.

40C MILL LANE: Plot and Title Map

40C MILL LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 40C 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 40C 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 40C MILL LANE?

40C MILL LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 40C on MILL LANE.