NELMES, LONDON ROAD, MILBORNE PORT, SHERBORNE, DT9 5DP - £470,450

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

NELMES is a very large extended detached house of 151m², built sometime between 1976 and 1982, which could now be worth an estimated £635,571. It was last sold for £470,450 in December 2016, which was around 39% above the average December 2016 detached price in the Somerset local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

NELMES Sold Prices

Land registry data shows three sales for NELMES 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 NELMES 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 14 DEC	£470,450	£338,934	39% above HPI
2012 21 DEC	£400,000	£278,900	43% above HPI
2006 7 JUL	£317,000	£275,548	15% above HPI

NELMES 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 NELMES sales between July 2006 and December 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 December 2012 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2016 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might NELMES be worth now?

NELMES might now be worth an estimated £635,571.

This is based on house price inflation of 35.1%, between December 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 35.1% inflationary increase is applied to the most recent sale price for NELMES of £470,450 on 14th December 2016. For the value to have increased from £470,450 to £635,571 over the eight years to December 2024, the following assumptions must hold true:

• The value of NELMES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2016 sale price of £470,450 represented a fair market value for the property.
• The size, condition, and specification of NELMES has not materially changed since December 2016.

How Large is NELMES?

NELMES is 151m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses houses in Milborne Port, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milborne Port, and where NELMES lies on this distribution: 81% of detached houses houses are smaller than NELMES, and 19% of houses are larger. Note that EPC data is not available for all properties in Milborne Port.

NELMES: Plot and Title Map

NELMES sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of NELMES, 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 NELMES). 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 NELMES?

NELMES is located on LONDON ROAD in MILBORNE PORT, in the DT9 postcode district. The below map shows the position of NELMES on LONDON ROAD.