MILLHAVEN, MOORLANDS ROAD, MERRIOTT, TA16 5NF - £601,000

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

MILLHAVEN is a very large detached house of 237m², which could now be worth an estimated £845,074. It was last sold for £601,000 in March 2016, which was around 85% above the average March 2016 detached price in the Somerset local authority area. The most recent EPC inspection was July 2011, where the current energy rating was B, and the potential energy rating was B.

MILLHAVEN Sold Prices

Land registry data shows two sales for MILLHAVEN 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 MILLHAVEN 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 18 MAR	£601,000	£325,646	85% above HPI
2011 13 OCT	£536,674	£281,901	90% above HPI

MILLHAVEN 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 MILLHAVEN sales from October 2011 and March 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 October 2011 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the March 2016 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might MILLHAVEN be worth now?

MILLHAVEN might now be worth an estimated £845,074.

This is based on house price inflation of 40.6%, between March 2016 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 40.6% inflationary increase is applied to the most recent sale price for MILLHAVEN of £601,000 on 18th March 2016. For the value to have increased from £601,000 to £845,074 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of MILLHAVEN has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2016 sale price of £601,000 represented a fair market value for the property.
• The size, condition, and specification of MILLHAVEN has not materially changed since March 2016.

How Large is MILLHAVEN?

MILLHAVEN is 237m² according to the EPC inspection conducted in July 2011. This puts it in the largest 10% of detached houses houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merriott, and where MILLHAVEN lies on this distribution: 96% of detached houses houses are smaller than MILLHAVEN, and 4% of houses are larger. Note that EPC data is not available for all properties in Merriott.

MILLHAVEN: Plot and Title Map

MILLHAVEN sits on a plot of roughly 0.777 of an acre, or 3,145m². The below map shows the location of MILLHAVEN, 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 MILLHAVEN). 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 MILLHAVEN?

MILLHAVEN is located on MOORLANDS ROAD in MERRIOTT, in the TA16 postcode district. The below map shows the position of MILLHAVEN on MOORLANDS ROAD.