MILL HOUSE, THE ROW, ELHAM, CANTERBURY, CT4 6UL - £655,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MILL HOUSE is a midsized extended detached house of 118m², built sometime before 1900, which could now be worth an estimated £688,728. It was last sold for £655,000 in June 2024, which was around 30% above the average June 2024 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2024, where the current energy rating was F, and the potential energy rating was B.

MILL HOUSE Sold Prices

Land registry data shows three sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three MILL HOUSE 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
2024 3 JUN	£655,000	£501,975	30% above HPI
2003 31 JAN	£430,000	£216,553	99% above HPI
2000 22 AUG	£160,000	£140,351	14% above HPI

MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The three MILL HOUSE sales between August 2000 and June 2024 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 2003 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the June 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might MILL HOUSE be worth now?

MILL HOUSE might now be worth an estimated £688,728.

This is based on house price inflation of 5.1%, between June 2024 and February 2025, for detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.1% inflationary increase is applied to the most recent sale price for MILL HOUSE of £655,000 on 3rd June 2024. For the value to have increased from £655,000 to £688,728 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of MILL HOUSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The June 2024 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of MILL HOUSE has not materially changed since June 2024.

How Large is MILL HOUSE?

MILL HOUSE is 118m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses houses in Elham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elham, and where MILL HOUSE lies on this distribution: 44% of detached houses houses are smaller than MILL HOUSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Elham.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on THE ROW in ELHAM, in the CT4 postcode district. The below map shows the position of MILL HOUSE on THE ROW.