MILL BARN, EAST TOWN LANE, PILTON, SHEPTON MALLET, BA4 4NX - £350,000

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

MILL BARN is a midsized extended semi-detached house of 149m², built sometime between 1996 and 2002. It was last sold for £350,000 in September 2016, which was around 8% above the average September 2016 detached price in the Somerset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

MILL BARN Sold Prices

Land registry data shows three sales for MILL BARN 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 MILL BARN 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
2016 23 SEP	£350,000	£324,930	8% above HPI
2004 8 JAN	£258,000	£231,710	11% above HPI
2000 21 DEC	£204,000	£140,640	45% above HPI

MILL BARN 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 MILL BARN sales between December 2000 and September 2016 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 January 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is MILL BARN?

MILL BARN is 149m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Pilton, based on EPC data. The below chart shows the distribution of detached houses by size in Pilton, and where MILL BARN lies on this distribution: 43% of detached houses are smaller than MILL BARN, and 57% of houses are larger. Note that EPC data is not available for all properties in Pilton.

MILL BARN: Plot and Title Map

MILL BARN sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of MILL BARN, 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 MILL BARN). 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 MILL BARN?

MILL BARN is located on EAST TOWN LANE in PILTON, in the BA4 postcode district. The below map shows the position of MILL BARN on EAST TOWN LANE.