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
4 MILLERS WAY is a very small extended detached house of 83m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2021, which was around 32% below the average August 2021 detached price in the Somerset local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 4 MILLERS WAY since 1st 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 4 MILLERS WAY 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 13 AUG | £265,000 | £389,899 | 32% below HPI |
2019 18 APR | £240,000 | £355,274 | 32% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 4 MILLERS WAY sales from April 2019 and August 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 April 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2021 sale, which was also at 32% below the HPI.
4 MILLERS WAY is 83m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Bishops Lydeard, based on EPC data. The below chart shows the distribution of detached houses by size in Bishops Lydeard, and where 4 MILLERS WAY lies on this distribution: 9% of detached houses are smaller than 4 MILLERS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Bishops Lydeard.
4 MILLERS WAY sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 4 MILLERS WAY, 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 4 MILLERS WAY). 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.
4 MILLERS WAY is located in BISHOPS LYDEARD, in the TA4 postcode district. The below map shows the position of No. 4 on MILLERS WAY.