88, MILL BANK, HEADCORN, ASHFORD, TN27 9RG - £295,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

88 MILL BANK is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £295,000 in January 2017, which was around 36% below the average January 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

88 MILL BANK Sold Prices

Land registry data shows three sales for 88 MILL BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 88 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
2017 3 JAN	£295,000	£461,168	36% below HPI
2010 22 JAN	£250,000	£322,476	22% below HPI
2001 26 OCT	£120,000	£204,430	41% below HPI

88 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 three 88 MILL BANK sales between October 2001 and January 2017 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 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 88 MILL BANK?

88 MILL BANK is 69m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Headcorn, based on EPC data. The below chart shows the distribution of detached houses by size in Headcorn, and where 88 MILL BANK lies on this distribution: 3% of detached houses are smaller than 88 MILL BANK, and 97% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

88 MILL BANK: Plot and Title Map

88 MILL BANK sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 88 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 88 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 88 MILL BANK?

88 MILL BANK is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 88 on MILL BANK.