2, MILL STREET, WESTERHAM, TN16 1TH - £339,950

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.

2 MILL STREET is a very small terraced house of 67m², built sometime before 1900, which could now be worth an estimated £543,458. It was last sold for £339,950 in October 2014, which was around 24% above the average October 2014 terraced price in the Sevenoaks local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

2 MILL STREET Sold Prices

Land registry data shows four sales for 2 MILL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Sevenoaks local authority area for the corresponding sale date. All of the four 2 MILL STREET 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
2014 2 OCT	£339,950	£274,373	24% above HPI
2010 27 AUG	£284,000	£225,759	26% above HPI
2007 12 SEP	£279,950	£228,273	23% above HPI
2001 15 MAY	£162,500	£121,528	34% above HPI

2 MILL STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sevenoaks local authority area over time, sourced from the HPI. The four 2 MILL STREET sales between May 2001 and October 2014 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 August 2010 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2014 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 MILL STREET be worth now?

2 MILL STREET might now be worth an estimated £543,458.

This is based on house price inflation of 59.9%, between October 2014 and May 2026, for terraced houses, in the Sevenoaks local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.9% inflationary increase is applied to the most recent sale price for 2 MILL STREET of £339,950 on 2nd October 2014. For the value to have increased from £339,950 to £543,458 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 2 MILL STREET has moved in line with the HPI for terraced houses in the Sevenoaks local authority area.
• The October 2014 sale price of £339,950 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL STREET has not materially changed since October 2014.

How Large is 2 MILL STREET?

2 MILL STREET is 67m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of terraced houses houses in Westerham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Westerham, and where 2 MILL STREET lies on this distribution: 2% of terraced houses houses are smaller than 2 MILL STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Westerham.

2 MILL STREET: Plot and Title Map

2 MILL STREET sits on a plot of roughly 0.012 of an acre, or 50m². The below map shows the location of 2 MILL STREET, 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 2 MILL STREET). 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 2 MILL STREET?

2 MILL STREET is located in WESTERHAM, in the TN16 postcode district. The below map shows the position of No. 2 on MILL STREET.