MILL LODGE, MILL LANE, BISHOPS LYDEARD, TAUNTON, TA4 3LN - £460,000

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 LODGE is a very large extended detached house of 169m², built sometime between 1983 and 1990. It was last sold for £460,000 in July 2007, which was around 57% above the average July 2007 detached price in the Somerset local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

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. Both of the two MILL LODGE 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
2007 4 JUL	£460,000	£292,862	57% above HPI
2000 20 OCT	£230,000	£142,080	62% above 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 2000 and July 2007 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 2000 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the July 2007 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is MILL LODGE?

MILL LODGE is 169m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Bishops Lydeard, based on EPC data. The below chart shows the distribution of detached houses by size in Bishops Lydeard, and where MILL LODGE lies on this distribution: 87% of detached houses are smaller than MILL LODGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bishops Lydeard.

MILL LODGE: Plot and Title Map

MILL LODGE sits on a plot of roughly 0.400 of an acre, or 1,621m². 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 on MILL LANE in BISHOPS LYDEARD, in the TA4 postcode district. The below map shows the position of MILL LODGE on MILL LANE.