GROVE MILL COTTAGE, HASTEDS, HOLLINGBOURNE, MAIDSTONE, ME17 1UQ - £880,000

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.

GROVE MILL COTTAGE is a small extended detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £1,020,666. It was last sold for £880,000 in March 2018, which was around 61% above the average March 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was A.

GROVE MILL COTTAGE Sold Prices

Land registry data shows two sales for GROVE MILL COTTAGE 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 GROVE MILL COTTAGE sales were for above 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
2018 29 MAR	£880,000	£547,415	61% above HPI
2013 19 DEC	£415,000	£386,226	7% above HPI

GROVE MILL COTTAGE 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 GROVE MILL COTTAGE sales from December 2013 and March 2018 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 December 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2018 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might GROVE MILL COTTAGE be worth now?

GROVE MILL COTTAGE might now be worth an estimated £1,020,666.

This is based on house price inflation of 16%, between March 2018 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16% inflationary increase is applied to the most recent sale price for GROVE MILL COTTAGE of £880,000 on 29th March 2018. For the value to have increased from £880,000 to £1,020,666 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of GROVE MILL COTTAGE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2018 sale price of £880,000 represented a fair market value for the property.
• The size, condition, and specification of GROVE MILL COTTAGE has not materially changed since March 2018.

How Large is GROVE MILL COTTAGE?

GROVE MILL COTTAGE is 141m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses houses in Eyhorne Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eyhorne Street, and where GROVE MILL COTTAGE lies on this distribution: 30% of detached houses houses are smaller than GROVE MILL COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Eyhorne Street.

GROVE MILL COTTAGE: Plot and Title Map

GROVE MILL COTTAGE sits on a plot of roughly 1.6 acres, or 6,340m². The below map shows the location of GROVE MILL COTTAGE, 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 GROVE MILL COTTAGE). 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 GROVE MILL COTTAGE?

GROVE MILL COTTAGE is located on HASTEDS in HOLLINGBOURNE, in the ME17 postcode district. The below map shows the position of GROVE MILL COTTAGE on HASTEDS.