78, MILL BANK, HEADCORN, ASHFORD, TN27 9RG - £351,000

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.

78 MILL BANK is a very small extended semi-detached house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £362,995. It was last sold for £351,000 in June 2023, which was around 5% below the average June 2023 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

78 MILL BANK Sold Prices

Land registry data shows five sales for 78 MILL BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. Most of the five 78 MILL BANK 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 23 JUN	£351,000	£367,917	5% below HPI
2001 14 DEC	£127,000	£129,304	2% below HPI
2001 16 MAR	£125,000	£120,973	3% above HPI
1997 23 JUL	£83,500	£78,068	7% above HPI
1996 11 OCT	£80,000	£70,155	14% above HPI

78 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 five 78 MILL BANK sales between October 1996 and June 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 December 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 78 MILL BANK be worth now?

78 MILL BANK might now be worth an estimated £362,995.

This is based on house price inflation of 3.4%, between June 2023 and April 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 3.4% inflationary increase is applied to the most recent sale price for 78 MILL BANK of £351,000 on 23rd June 2023. For the value to have increased from £351,000 to £362,995 over the three years and two months to April 2026, the following assumptions must hold true:

• The value of 78 MILL BANK has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The June 2023 sale price of £351,000 represented a fair market value for the property.
• The size, condition, and specification of 78 MILL BANK has not materially changed since June 2023.

How Large is 78 MILL BANK?

78 MILL BANK is 84m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% 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 78 MILL BANK lies on this distribution: 11% of semi-detached houses houses are smaller than 78 MILL BANK, and 88% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

78 MILL BANK: Plot and Title Map

78 MILL BANK sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 78 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 78 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 78 MILL BANK?

78 MILL BANK is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 78 on MILL BANK.