MILLBOURNE COTTAGE, BRIDGE STREET, LOOSE, MAIDSTONE, ME15 0BY - £850,000

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.

MILLBOURNE COTTAGE is a very large extended detached house of 194m², built sometime before 1900, which could now be worth an estimated £871,225. It was last sold for £850,000 in January 2023, which was around 37% above the average January 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

MILLBOURNE COTTAGE Sold Prices

Land registry data shows two sales for MILLBOURNE 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 MILLBOURNE 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
2023 5 JAN	£850,000	£619,450	37% above HPI
2004 26 MAR	£385,000	£313,855	23% above HPI

MILLBOURNE 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 MILLBOURNE COTTAGE sales from March 2004 and January 2023 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 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2023 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might MILLBOURNE COTTAGE be worth now?

MILLBOURNE COTTAGE might now be worth an estimated £871,225.

This is based on house price inflation of 2.5%, between January 2023 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 2.5% inflationary increase is applied to the most recent sale price for MILLBOURNE COTTAGE of £850,000 on 5th January 2023. For the value to have increased from £850,000 to £871,225 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of MILLBOURNE COTTAGE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The January 2023 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of MILLBOURNE COTTAGE has not materially changed since January 2023.

How Large is MILLBOURNE COTTAGE?

MILLBOURNE COTTAGE is 194m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Loose, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loose, and where MILLBOURNE COTTAGE lies on this distribution: 83% of detached houses houses are smaller than MILLBOURNE COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Loose.

MILLBOURNE COTTAGE: Plot and Title Map

MILLBOURNE COTTAGE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of MILLBOURNE 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 MILLBOURNE 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 MILLBOURNE COTTAGE?

MILLBOURNE COTTAGE is located on BRIDGE STREET in LOOSE, in the ME15 postcode district. The below map shows the position of MILLBOURNE COTTAGE on BRIDGE STREET.