25, MILLANDS LANE, KILVE, BRIDGWATER, TA5 1ED - £500,000

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

25 MILLANDS LANE is a midsized detached house of 148m², built sometime between 1996 and 2002. It was last sold for £500,000 in September 2023, which was around 12% above the average September 2023 detached price in the Somerset local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

25 MILLANDS LANE Sold Prices

Land registry data shows three sales for 25 MILLANDS 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 25 MILLANDS LANE 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 1 SEP	£500,000	£446,174	12% above HPI
2004 29 SEP	£295,000	£257,025	15% above HPI
1999 15 JAN	£164,000	£105,488	55% above HPI

25 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 three 25 MILLANDS LANE sales between January 1999 and September 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 September 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2023 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 25 MILLANDS LANE?

25 MILLANDS LANE is 148m² according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in Kilve, based on EPC data. The below chart shows the distribution of detached houses by size in Kilve, and where 25 MILLANDS LANE lies on this distribution: 56% of detached houses are smaller than 25 MILLANDS LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Kilve.

25 MILLANDS LANE: Plot and Title Map

25 MILLANDS LANE sits on a plot of roughly 0.279 of an acre, or 1,127m². The below map shows the location of 25 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 25 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 25 MILLANDS LANE?

25 MILLANDS LANE is located in KILVE, in the TA5 postcode district. The below map shows the position of No. 25 on MILLANDS LANE.