42, MILL VIEW ROAD, HERNE BAY, CT6 7JF - £347,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 MILL VIEW ROAD is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £399,071. It was last sold for £347,500 in February 2021, which was around 30% below the average February 2021 detached price in the Canterbury local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

42 MILL VIEW ROAD Sold Prices

Land registry data shows three sales for 42 MILL VIEW ROAD 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. All of the three 42 MILL VIEW ROAD 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 11 FEB	£347,500	£496,773	30% below HPI
2003 7 MAR	£163,000	£226,321	28% below HPI
2000 8 DEC	£105,000	£161,379	35% below HPI

42 MILL VIEW ROAD 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 42 MILL VIEW ROAD sales between December 2000 and February 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 March 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 42 MILL VIEW ROAD be worth now?

42 MILL VIEW ROAD might now be worth an estimated £399,071.

This is based on house price inflation of 14.8%, between February 2021 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.8% inflationary increase is applied to the most recent sale price for 42 MILL VIEW ROAD of £347,500 on 11th February 2021. For the value to have increased from £347,500 to £399,071 over the four years to February 2025, the following assumptions must hold true:

• The value of 42 MILL VIEW ROAD has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The February 2021 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 42 MILL VIEW ROAD has not materially changed since February 2021.

How Large is 42 MILL VIEW ROAD?

42 MILL VIEW ROAD is 68m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Herne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne, and where 42 MILL VIEW ROAD lies on this distribution: 5% of detached houses houses are smaller than 42 MILL VIEW ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Herne.

42 MILL VIEW ROAD: Plot and Title Map

42 MILL VIEW ROAD sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 42 MILL VIEW ROAD, 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 42 MILL VIEW ROAD). 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 42 MILL VIEW ROAD?

42 MILL VIEW ROAD is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 42 on MILL VIEW ROAD.