58, MILL BANK, HEADCORN, ASHFORD, TN27 9RD - £269,950

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.

58 MILL BANK is a very small semi-detached house of 79m², built sometime before 1900, which could now be worth an estimated £419,117. It was last sold for £269,950 in May 2014, which was around 11% above the average May 2014 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

58 MILL BANK Sold Prices

Land registry data shows four sales for 58 MILL BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. The four 58 MILL BANK sales were a mix of above the average price, and roughly equal to 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 30 MAY	£269,950	£243,545	11% above HPI
2007 23 FEB	£246,000	£221,281	11% above HPI
2001 1 OCT	£127,000	£127,486	Close to HPI
1998 12 AUG	£88,500	£87,521	1% above HPI

58 MILL BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 58 MILL BANK sales between August 1998 and May 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 February 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2014 sale, which was also at 11% above the HPI.

What might 58 MILL BANK be worth now?

58 MILL BANK might now be worth an estimated £419,117.

This is based on house price inflation of 55.3%, between May 2014 and May 2026, for semi-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 55.3% inflationary increase is applied to the most recent sale price for 58 MILL BANK of £269,950 on 30th May 2014. For the value to have increased from £269,950 to £419,117 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 58 MILL BANK has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The May 2014 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 58 MILL BANK has not materially changed since May 2014.

How Large is 58 MILL BANK?

58 MILL BANK is 79m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of semi-detached houses houses in Headcorn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Headcorn, and where 58 MILL BANK lies on this distribution: 8% of semi-detached houses houses are smaller than 58 MILL BANK, and 92% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

58 MILL BANK: Plot and Title Map

58 MILL BANK sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 58 MILL BANK, 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 58 MILL BANK). 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 58 MILL BANK?

58 MILL BANK is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 58 on MILL BANK.