4B, MILL LANE, BECKINGTON, FROME, BA11 6SN - £675,000

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

4B MILL LANE is a midsized detached house of 167m², built sometime from 2007 onwards. It was last sold for £675,000 in March 2022, which was around 59% above the average March 2022 detached price in the Somerset local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

4B MILL LANE Sold Prices

Land registry data shows three sales for 4B 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 4B 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
2022 8 MAR	£675,000	£424,729	59% above HPI
2010 16 JUN	£479,000	£272,428	76% above HPI
2007 10 JUL	£450,000	£292,862	54% above HPI

4B 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 4B MILL LANE sales between July 2007 and March 2022 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 June 2010 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the March 2022 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 4B MILL LANE?

4B MILL LANE is 167m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses in Beckington, based on EPC data. The below chart shows the distribution of detached houses by size in Beckington, and where 4B MILL LANE lies on this distribution: 49% of detached houses are smaller than 4B MILL LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Beckington.

4B MILL LANE: Plot and Title Map

4B MILL LANE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 4B 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 4B 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 4B MILL LANE?

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