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
HIGHER MILL is a very large extended detached house of 279m², built sometime before 1900. It was last sold for £690,500 in December 2015, which was around 123% above the average December 2015 detached price in the Somerset local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for HIGHER MILL 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 HIGHER MILL 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 |
---|---|---|---|
2015 14 DEC | £690,500 | £310,097 | 123% above HPI |
2007 18 SEP | £735,000 | £299,585 | 145% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two HIGHER MILL sales from September 2007 and December 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 September 2007 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the December 2015 sale, where it falls to 123% above the HPI. The line then continues to track at 123% above the HPI.
HIGHER MILL is 279m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses in Hatch Beauchamp, based on EPC data. The below chart shows the distribution of detached houses by size in Hatch Beauchamp, and where HIGHER MILL lies on this distribution: 92% of detached houses are smaller than HIGHER MILL, and 8% of houses are larger. Note that EPC data is not available for all properties in Hatch Beauchamp.
HIGHER MILL sits on a plot of roughly 7.9 acres, or 31,809m². The below map shows the location of HIGHER MILL, 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 HIGHER MILL). 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.
HIGHER MILL is located in HATCH BEAUCHAMP, in the TA3 postcode district. The below map shows the position of HIGHER MILL in HATCH BEAUCHAMP.