70, MILL BANK, HEADCORN, ASHFORD, TN27 9RE - £410,000

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

70 MILL BANK is a small extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £410,000 in May 2022, which was around 24% below the average May 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

70 MILL BANK Sold Prices

Land registry data shows two sales for 70 MILL BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 70 MILL BANK 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
2022 17 MAY	£410,000	£540,403	24% below HPI
2004 8 JUL	£210,000	£289,046	27% below HPI

70 MILL BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 70 MILL BANK sales from July 2004 and May 2022 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 July 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 70 MILL BANK?

70 MILL BANK is 106m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Headcorn, based on EPC data. The below chart shows the distribution of detached houses by size in Headcorn, and where 70 MILL BANK lies on this distribution: 37% of detached houses are smaller than 70 MILL BANK, and 63% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

70 MILL BANK: Plot and Title Map

70 MILL BANK sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 70 MILL BANK, 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 70 MILL BANK). 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 70 MILL BANK?

70 MILL BANK is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 70 on MILL BANK.