OLD CORN MILL, MILL LANE, OTHERY, BRIDGWATER, TA7 0QT - £108,500

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

OLD CORN MILL is a small detached house of 110m², built sometime before 1900. It was last sold for £108,500 in January 1999, which was around 3% above the average January 1999 detached price in the Somerset local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was A.

OLD CORN MILL Sold Prices

Land registry data shows two sales for OLD CORN 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 OLD CORN 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
1999 22 JAN	£108,500	£105,488	3% above HPI
1997 19 FEB	£100,000	£88,377	13% above HPI

OLD CORN 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 OLD CORN MILL sales from February 1997 and January 1999 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 February 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 1999 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is OLD CORN MILL?

OLD CORN MILL is 110m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Othery, based on EPC data. The below chart shows the distribution of detached houses by size in Othery, and where OLD CORN MILL lies on this distribution: 27% of detached houses are smaller than OLD CORN MILL, and 73% of houses are larger. Note that EPC data is not available for all properties in Othery.

OLD CORN MILL: Plot and Title Map

OLD CORN MILL sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of OLD CORN 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 OLD CORN 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 OLD CORN MILL?

OLD CORN MILL is located on MILL LANE in OTHERY, in the TA7 postcode district. The below map shows the position of OLD CORN MILL on MILL LANE.