20, MILL LANE, NETHER STOWEY, BRIDGWATER, TA5 1NN - £370,000

20 MILL LANE is a small detached house of 104m², built sometime between 1983 and 1990. It was last sold for £370,000 in March 2021, which was around 4% below the average March 2021 detached price in the Somerset local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

20 MILL LANE Sold Prices

Land registry data shows three sales for 20 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 20 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
2021 17 MAR	£370,000	£383,957	4% below HPI
2014 5 FEB	£274,000	£279,363	2% below HPI
2011 17 OCT	£247,000	£273,294	10% below HPI

20 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 three 20 MILL LANE sales between October 2011 and March 2021 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 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 20 MILL LANE?

20 MILL LANE is 104m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% 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 20 MILL LANE lies on this distribution: 39% of detached houses are smaller than 20 MILL LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.

20 MILL LANE: Plot and Title Map

20 MILL LANE sits on a plot of roughly 0.189 of an acre, or 767m². The below map shows the location of 20 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 20 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 20 MILL LANE?

20 MILL LANE is located in NETHER STOWEY, in the TA5 postcode district. The below map shows the position of No. 20 on MILL LANE.