85, MILL LANE, HERNE BAY, CT6 7JJ - £330,000

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

85 MILL LANE is a very large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £330,000 in October 2014, which was around 9% below the average October 2014 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

85 MILL LANE Sold Prices

Land registry data shows four sales for 85 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Most of the four 85 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
2014 6 OCT	£330,000	£360,686	9% below HPI
2008 20 MAR	£317,500	£302,789	5% above HPI
2002 2 MAY	£156,000	£174,093	10% below HPI
1997 15 AUG	£90,000	£101,367	11% below HPI

85 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 four 85 MILL LANE sales between August 1997 and October 2014 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 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 85 MILL LANE?

85 MILL LANE is 145m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Herne, based on EPC data. The below chart shows the distribution of detached houses by size in Herne, and where 85 MILL LANE lies on this distribution: 83% of detached houses are smaller than 85 MILL LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Herne.

85 MILL LANE: Plot and Title Map

85 MILL LANE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 85 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 85 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 85 MILL LANE?

85 MILL LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 85 on MILL LANE.