4A, MILL LANE, BECKINGTON, FROME, BA11 6SN - £455,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4A MILL LANE is a small detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £590,158. It was last sold for £455,000 in June 2017, which was around 31% above the average June 2017 detached price in the Somerset local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

4A MILL LANE Sold Prices

Land registry data shows three sales for 4A 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. All of the three 4A MILL 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
2017 26 JUN	£455,000	£348,183	31% above HPI
2013 11 OCT	£385,000	£287,989	34% above HPI
2007 22 FEB	£340,000	£287,113	18% above HPI

4A 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 4A MILL LANE sales between February 2007 and June 2017 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 2013 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 4A MILL LANE be worth now?

4A MILL LANE might now be worth an estimated £590,158.

This is based on house price inflation of 29.7%, between June 2017 and March 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 4A MILL LANE of £455,000 on 26th June 2017. For the value to have increased from £455,000 to £590,158 over the eight years and three months to March 2025, the following assumptions must hold true:

• The value of 4A MILL LANE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2017 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 4A MILL LANE has not materially changed since June 2017.

How Large is 4A MILL LANE?

4A MILL LANE is 152m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses houses in Beckington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beckington, and where 4A MILL LANE lies on this distribution: 39% of detached houses houses are smaller than 4A MILL LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Beckington.

4A MILL LANE: Plot and Title Map

4A MILL LANE sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 4A 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 4A 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 4A MILL LANE?

4A MILL LANE is located in BECKINGTON, in the BA11 postcode district. The below map shows the position of No. 4A on MILL LANE.