MILL LODGE, KILVE, BRIDGWATER, TA5 1EB - £575,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MILL LODGE is a midsized extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £575,917. It was last sold for £575,000 in October 2024, which was around 26% above the average October 2024 detached price in the Somerset local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was D.

MILL LODGE Sold Prices

Land registry data shows two sales for MILL LODGE 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. One of the two MILL LODGE sales was for above the average price, whilst the other was 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
2024 14 OCT	£575,000	£457,166	26% above HPI
2016 7 OCT	£305,000	£337,133	10% below HPI

MILL LODGE 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 LODGE sales from October 2016 and October 2024 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 October 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2024 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might MILL LODGE be worth now?

MILL LODGE might now be worth an estimated £575,917.

This is based on house price inflation of 0.2%, between October 2024 and December 2024, 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 0.2% inflationary increase is applied to the most recent sale price for MILL LODGE of £575,000 on 14th October 2024. For the value to have increased from £575,000 to £575,917 over the ten months to December 2024, the following assumptions must hold true:

• The value of MILL LODGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2024 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of MILL LODGE has not materially changed since October 2024.

How Large is MILL LODGE?

MILL LODGE is 138m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses houses in Kilve, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kilve, and where MILL LODGE lies on this distribution: 46% of detached houses houses are smaller than MILL LODGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Kilve.

MILL LODGE: Plot and Title Map

MILL LODGE sits on a plot of roughly 0.274 of an acre, or 1,107m². The below map shows the location of MILL LODGE, 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 LODGE). 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 LODGE?

MILL LODGE is located in KILVE, in the TA5 postcode district. The below map shows the position of MILL LODGE in KILVE.