54, MILL LANE, HERNE BAY, CT6 7DP - £167,705

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.

54 MILL LANE is a very small extended detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £183,192. It was last sold for £167,705 in November 2021, which was around 68% below the average November 2021 detached price in the Canterbury local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

54 MILL LANE Sold Prices

Land registry data shows three sales for 54 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. All of the three 54 MILL LANE 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 26 NOV	£167,705	£522,267	68% below HPI
2017 20 JAN	£220,000	£451,950	51% below HPI
2007 21 SEP	£210,000	£325,847	36% below HPI

54 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 54 MILL LANE sales between September 2007 and November 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 January 2017 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2021 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

What might 54 MILL LANE be worth now?

54 MILL LANE might now be worth an estimated £183,192.

This is based on house price inflation of 9.2%, between November 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 9.2% inflationary increase is applied to the most recent sale price for 54 MILL LANE of £167,705 on 26th November 2021. For the value to have increased from £167,705 to £183,192 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 54 MILL LANE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The November 2021 sale price of £167,705 represented a fair market value for the property.
• The size, condition, and specification of 54 MILL LANE has not materially changed since November 2021.

How Large is 54 MILL LANE?

54 MILL LANE is 70m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses houses in Hunters Forstal, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hunters Forstal, and where 54 MILL LANE lies on this distribution: 6% of detached houses houses are smaller than 54 MILL LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hunters Forstal.

54 MILL LANE: Plot and Title Map

54 MILL LANE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 54 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 54 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 54 MILL LANE?

54 MILL LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 54 on MILL LANE.