NORTHWOOD MILL, FOLLY LANE, SHIPHAM, WINSCOMBE, BS25 1TE - £500,000

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

NORTHWOOD MILL is a very large extended detached house of 194m², built sometime between 1983 and 1990. It was last sold for £500,000 in March 2020, which was around 37% above the average March 2020 detached price in the Somerset local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

NORTHWOOD MILL Sold Prices

Land registry data shows two sales for NORTHWOOD MILL 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 NORTHWOOD MILL 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
2020 27 MAR	£500,000	£363,777	37% above HPI
2001 3 SEP	£250,000	£155,558	61% above HPI

NORTHWOOD MILL 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 NORTHWOOD MILL sales from September 2001 and March 2020 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 September 2001 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is NORTHWOOD MILL?

NORTHWOOD MILL is 194m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses in Shipham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipham, and where NORTHWOOD MILL lies on this distribution: 86% of detached houses are smaller than NORTHWOOD MILL, and 14% of houses are larger. Note that EPC data is not available for all properties in Shipham.

NORTHWOOD MILL: Plot and Title Map

NORTHWOOD MILL sits on a plot of roughly 0.785 of an acre, or 3,177m². The below map shows the location of NORTHWOOD MILL, 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 NORTHWOOD MILL). 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 NORTHWOOD MILL?

NORTHWOOD MILL is located on FOLLY LANE in SHIPHAM, in the BS25 postcode district. The below map shows the position of NORTHWOOD MILL on FOLLY LANE.