MILL CLOSE, HUNTS LANE, KILVE, BRIDGWATER, TA5 1DY - £455,000

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

MILL CLOSE is a midsized extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £455,000 in July 2012, which was around 69% above the average July 2012 detached price in the Somerset local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

MILL CLOSE Sold Prices

Land registry data shows two sales for MILL CLOSE 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 MILL CLOSE 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
2012 20 JUL	£455,000	£269,280	69% above HPI
2002 5 SEP	£230,000	£195,071	18% above HPI

MILL CLOSE 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 MILL CLOSE sales from September 2002 and July 2012 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 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2012 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is MILL CLOSE?

MILL CLOSE is 139m², which includes three extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses in Kilve, based on EPC data. The below chart shows the distribution of detached houses by size in Kilve, and where MILL CLOSE lies on this distribution: 48% of detached houses are smaller than MILL CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Kilve.

MILL CLOSE: Plot and Title Map

MILL CLOSE sits on a plot of roughly 1.9 acres, or 7,566m². The below map shows the location of MILL CLOSE, 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 CLOSE). 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 CLOSE?

MILL CLOSE is located on HUNTS LANE in KILVE, in the TA5 postcode district. The below map shows the position of MILL CLOSE on HUNTS LANE.