MILLERS BARN, WADEFORD, CHARD, TA20 3AY - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MILLERS BARN is a very small extended detached house of 81m², built sometime before 1900, which could now be worth an estimated £194,844. It was last sold for £190,000 in June 2023, which was around 58% below the average June 2023 detached price in the Somerset local authority area. The most recent EPC inspection was April 2024, where the current energy rating was F, and the potential energy rating was B.

MILLERS BARN Sold Prices

Land registry data shows three sales for MILLERS 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 MILLERS BARN 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 JUN	£190,000	£448,983	58% below HPI
2004 16 JAN	£195,000	£239,008	18% below HPI
1995 1 NOV	£55,000	£86,746	37% below HPI

MILLERS 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 MILLERS BARN sales between November 1995 and June 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 January 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2023 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might MILLERS BARN be worth now?

MILLERS BARN might now be worth an estimated £194,844.

This is based on house price inflation of 2.5%, between June 2023 and February 2025, 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 2.5% inflationary increase is applied to the most recent sale price for MILLERS BARN of £190,000 on 26th June 2023. For the value to have increased from £190,000 to £194,844 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of MILLERS BARN has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2023 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of MILLERS BARN has not materially changed since June 2023.

How Large is MILLERS BARN?

MILLERS BARN is 81m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Wadeford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wadeford, and where MILLERS BARN lies on this distribution: 6% of detached houses houses are smaller than MILLERS BARN, and 94% of houses are larger. Note that EPC data is not available for all properties in Wadeford.

MILLERS BARN: Plot and Title Map

MILLERS BARN sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of MILLERS 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 MILLERS 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 MILLERS BARN?

MILLERS BARN is located in WADEFORD, in the TA20 postcode district. The below map shows the position of MILLERS BARN in WADEFORD.