23, MILLANDS LANE, KILVE, BRIDGWATER, TA5 1ED - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 MILLANDS LANE is a small detached house of 129m², built sometime between 1976 and 1982. It was last sold for £300,000 in February 2019, which was around 16% below the average February 2019 detached price in the Somerset local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

23 MILLANDS LANE Sold Prices

Land registry data shows four sales for 23 MILLANDS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. two of the four 23 MILLANDS LANE sales were for below the average price, and four 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
2019 1 FEB	£300,000	£358,678	16% below HPI
2011 28 OCT	£250,000	£273,294	9% below HPI
2001 25 MAY	£155,000	£146,642	6% above HPI
1999 30 NOV	£149,500	£121,250	23% above HPI

23 MILLANDS 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 four 23 MILLANDS LANE sales between November 1999 and February 2019 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 October 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 23 MILLANDS LANE?

23 MILLANDS LANE is 129m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Kilve, based on EPC data. The below chart shows the distribution of detached houses by size in Kilve, and where 23 MILLANDS LANE lies on this distribution: 38% of detached houses are smaller than 23 MILLANDS LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Kilve.

23 MILLANDS LANE: Plot and Title Map

23 MILLANDS LANE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 23 MILLANDS 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 MILLANDS 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 MILLANDS LANE?

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