10, MILL LANE, NETHER STOWEY, BRIDGWATER, TA5 1NL - £207,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MILL LANE is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £207,500 in November 2011, which was around 24% below the average November 2011 detached price in the Somerset local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

10 MILL LANE Sold Prices

Land registry data shows two sales for 10 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 10 MILL LANE sales were for below 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
2011 3 NOV	£207,500	£272,884	24% below HPI
2011 18 MAR	£245,000	£269,602	9% below HPI

10 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 10 MILL LANE sales from March 2011 and November 2011 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 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 10 MILL LANE?

10 MILL LANE is 83m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses in Nether Stowey, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Stowey, and where 10 MILL LANE lies on this distribution: 15% of detached houses are smaller than 10 MILL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.

10 MILL LANE: Plot and Title Map

10 MILL LANE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 10 MILL LANE, 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 10 MILL LANE). 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 10 MILL LANE?

10 MILL LANE is located in NETHER STOWEY, in the TA5 postcode district. The below map shows the position of No. 10 on MILL LANE.