MILFORDS, CHURCHLANDS, MARK, HIGHBRIDGE, TA9 4ND - £385,000

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

MILFORDS is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £385,000 in May 2023, which was around 12% below the average May 2023 detached price in the Somerset local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

MILFORDS Sold Prices

Land registry data shows two sales for MILFORDS 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 MILFORDS sales were for below 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
2023 26 MAY	£385,000	£438,467	12% below HPI
2022 15 MAR	£326,000	£424,729	23% below HPI

MILFORDS 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 MILFORDS sales from March 2022 and May 2023 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 March 2022 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is MILFORDS?

MILFORDS is 71m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Mark, based on EPC data. The below chart shows the distribution of detached houses by size in Mark, and where MILFORDS lies on this distribution: 7% of detached houses are smaller than MILFORDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Mark.

MILFORDS: Plot and Title Map

MILFORDS sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of MILFORDS, 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 MILFORDS). 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 MILFORDS?

MILFORDS is located on CHURCHLANDS in MARK, in the TA9 postcode district. The below map shows the position of MILFORDS on CHURCHLANDS.