83, MILL LANE, HERNE BAY, CT6 7JJ - £620,000

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

83 MILL LANE is a midsized detached house of 98m², built sometime between 1950 and 1966. It was last sold for £620,000 in October 2022, which was around 16% above the average October 2022 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

83 MILL LANE Sold Prices

Land registry data shows two sales for 83 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 Canterbury local authority area for the corresponding sale date. One of the two 83 MILL LANE sales was for above the average price, whilst the other 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
2022 21 OCT	£620,000	£532,885	16% above HPI
2003 25 JUL	£179,000	£224,936	20% below HPI

83 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 two 83 MILL LANE sales from July 2003 and October 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 83 MILL LANE?

83 MILL LANE is 98m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses in Herne, based on EPC data. The below chart shows the distribution of detached houses by size in Herne, and where 83 MILL LANE lies on this distribution: 47% of detached houses are smaller than 83 MILL LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Herne.

83 MILL LANE: Plot and Title Map

83 MILL LANE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 83 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 83 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 83 MILL LANE?

83 MILL LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 83 on MILL LANE.