45, MILL LANE, WATERINGBURY, MAIDSTONE, ME18 5PE - £560,000

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

45 MILL LANE is a very large detached house of 168m², built sometime between 1900 and 1929. It was last sold for £560,000 in March 2006, which was around 60% above the average March 2006 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was A.

45 MILL LANE Sold Prices

Land registry data shows two sales for 45 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 45 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
2006 24 MAR	£560,000	£350,098	60% above HPI
2002 26 SEP	£480,000	£294,926	63% above HPI

45 MILL LANE 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 two 45 MILL LANE sales from September 2002 and March 2006 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 2002 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2006 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 45 MILL LANE?

45 MILL LANE is 168m² according to the EPC inspection conducted in December 2021. 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 45 MILL LANE lies on this distribution: 87% of detached houses are smaller than 45 MILL LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wateringbury.

45 MILL LANE: Plot and Title Map

45 MILL LANE sits on a plot of roughly 0.303 of an acre, or 1,226m². The below map shows the location of 45 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 45 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 45 MILL LANE?

45 MILL LANE is located in WATERINGBURY, in the ME18 postcode district. The below map shows the position of No. 45 on MILL LANE.