23, MILL LANE, CANNINGTON, BRIDGWATER, TA5 2HB - £300,000

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

23 MILL LANE is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £300,000 in November 2016, which was around 9% below the average November 2016 detached price in the Somerset local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

23 MILL LANE Sold Prices

Land registry data shows three sales for 23 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. The three 23 MILL LANE sales were a mix of below the average price, roughly equal to the average price, and 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
2016 22 NOV	£300,000	£328,423	9% below HPI
2013 29 JUL	£272,500	£272,749	Close to HPI
1997 11 AUG	£115,000	£95,508	20% above HPI

23 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 23 MILL LANE sales between August 1997 and November 2016 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 July 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 23 MILL LANE?

23 MILL LANE is 138m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses in Cannington, based on EPC data. The below chart shows the distribution of detached houses by size in Cannington, and where 23 MILL LANE lies on this distribution: 71% of detached houses are smaller than 23 MILL LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Cannington.

23 MILL LANE: Plot and Title Map

23 MILL LANE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 23 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 23 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 23 MILL LANE?

23 MILL LANE is located in CANNINGTON, in the TA5 postcode district. The below map shows the position of No. 23 on MILL LANE.