27, MILL LANE, NETHER STOWEY, BRIDGWATER, TA5 1NL - £240,000

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

27 MILL LANE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £240,000 in August 2015, which was around 22% below the average August 2015 detached price in the Somerset local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

27 MILL LANE Sold Prices

Land registry data shows two sales for 27 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 27 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
2015 10 AUG	£240,000	£306,701	22% below HPI
1997 17 OCT	£74,000	£97,308	24% below HPI

27 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 27 MILL LANE sales from October 1997 and August 2015 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 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 27 MILL LANE?

27 MILL LANE is 82m² according to the EPC inspection conducted in March 2015. 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 27 MILL LANE lies on this distribution: 13% of detached houses are smaller than 27 MILL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.

27 MILL LANE: Plot and Title Map

27 MILL LANE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 27 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 27 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 27 MILL LANE?

27 MILL LANE is located in NETHER STOWEY, in the TA5 postcode district. The below map shows the position of No. 27 on MILL LANE.