MAYBANK, MILL LANE, HARTLIP, SITTINGBOURNE, ME9 7TD - £1,040,000

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

MAYBANK is a very large extended detached house of 283m², built sometime between 1976 and 1982. It was last sold for £1,040,000 in December 2022, which was around 111% above the average December 2022 detached price in the Swale local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

MAYBANK Sold Prices

Land registry data shows four sales for MAYBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four MAYBANK 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
2022 22 DEC	£1,040,000	£493,282	111% above HPI
2007 24 APR	£540,000	£258,327	109% above HPI
1999 19 MAR	£232,500	£105,257	121% above HPI
1996 11 OCT	£127,000	£85,793	48% above HPI

MAYBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four MAYBANK sales between October 1996 and December 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 April 2007 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the December 2022 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is MAYBANK?

MAYBANK is 283m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Newington, based on EPC data. The below chart shows the distribution of detached houses by size in Newington, and where MAYBANK lies on this distribution: 97% of detached houses are smaller than MAYBANK, and 3% of houses are larger. Note that EPC data is not available for all properties in Newington.

MAYBANK: Plot and Title Map

MAYBANK sits on a plot of roughly 0.282 of an acre, or 1,140m². The below map shows the location of MAYBANK, 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 MAYBANK). 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 MAYBANK?

MAYBANK is located on MILL LANE in HARTLIP, in the ME9 postcode district. The below map shows the position of MAYBANK on MILL LANE.