HIGHER MILL, HATCH BEAUCHAMP, TAUNTON, TA3 6AE - £690,500

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.

HIGHER MILL is a very large extended detached house of 279m², built sometime before 1900, which could now be worth an estimated £993,945. It was last sold for £690,500 in December 2015, which was around 116% 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.

HIGHER MILL Sold Prices

Land registry data shows two sales for HIGHER MILL since 1^st 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	£319,863	116% above HPI
2007 18 SEP	£735,000	£309,020	138% above HPI

HIGHER MILL 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 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 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the December 2015 sale, where it falls to 116% above the HPI. The line then continues to track at 116% above the HPI.

What might HIGHER MILL be worth now?

HIGHER MILL might now be worth an estimated £993,945.

This is based on house price inflation of 43.9%, between December 2015 and February 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 43.9% inflationary increase is applied to the most recent sale price for HIGHER MILL of £690,500 on 14th December 2015. For the value to have increased from £690,500 to £993,945 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of HIGHER MILL has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2015 sale price of £690,500 represented a fair market value for the property.
• The size, condition, and specification of HIGHER MILL has not materially changed since December 2015.

How Large is HIGHER MILL?

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 houses in Hatch Beauchamp, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatch Beauchamp, and where HIGHER MILL lies on this distribution: 92% of detached houses 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: Plot and Title Map

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.

Where is HIGHER MILL?

HIGHER MILL is located in HATCH BEAUCHAMP, in the TA3 postcode district. The below map shows the position of HIGHER MILL in HATCH BEAUCHAMP.