8, MILLANDS LANE, KILVE, BRIDGWATER, TA5 1ED - £410,000

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

8 MILLANDS LANE is a large extended detached house of 168m², built sometime between 1996 and 2002. It was last sold for £410,000 in May 2014, which was around 44% above the average May 2014 detached price in the Somerset local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

8 MILLANDS LANE Sold Prices

Land registry data shows five sales for 8 MILLANDS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five 8 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
2014 28 MAY	£410,000	£285,404	44% above HPI
2011 22 JUN	£399,000	£270,913	47% above HPI
2002 19 AUG	£246,000	£190,038	29% above HPI
1999 22 DEC	£179,000	£121,919	47% above HPI
1999 18 JUN	£160,000	£109,558	46% above HPI

8 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 five 8 MILLANDS LANE sales between June 1999 and May 2014 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 2011 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2014 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 8 MILLANDS LANE?

8 MILLANDS LANE is 168m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses in Kilve, based on EPC data. The below chart shows the distribution of detached houses by size in Kilve, and where 8 MILLANDS LANE lies on this distribution: 69% of detached houses are smaller than 8 MILLANDS LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Kilve.

8 MILLANDS LANE: Plot and Title Map

8 MILLANDS LANE sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of 8 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 8 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 8 MILLANDS LANE?

8 MILLANDS LANE is located in KILVE, in the TA5 postcode district. The below map shows the position of No. 8 on MILLANDS LANE.