OLD MILL HOUSE, COURT MILL LANE, WADEFORD, CHARD, TA20 3AX - £1,130,000

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.

OLD MILL HOUSE is a very large extended detached house of 257m², built sometime before 1900, which could now be worth an estimated £1,110,223. It was last sold for £1,130,000 in September 2022, which was around 141% above the average September 2022 detached price in the Somerset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

OLD MILL HOUSE Sold Prices

Land registry data shows three sales for OLD MILL HOUSE 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 OLD MILL HOUSE 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
2022 5 SEP	£1,130,000	£468,631	141% above HPI
2020 10 DEC	£765,000	£400,115	91% above HPI
2003 27 JUN	£499,950	£222,801	124% above HPI

OLD MILL HOUSE 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 OLD MILL HOUSE sales between June 2003 and September 2022 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 2020 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the September 2022 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might OLD MILL HOUSE be worth now?

OLD MILL HOUSE might now be worth an estimated £1,110,223.

This is based on house price deflation of 1.8%, between September 2022 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 1.8% deflationary decrease is applied to the most recent sale price for OLD MILL HOUSE of £1,130,000 on 5th September 2022. For the value to have decreased from £1,130,000 to £1,110,223 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of OLD MILL HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2022 sale price of £1,130,000 represented a fair market value for the property.
• The size, condition, and specification of OLD MILL HOUSE has not materially changed since September 2022.

How Large is OLD MILL HOUSE?

OLD MILL HOUSE is 257m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 OLD MILL HOUSE lies on this distribution: 91% of detached houses houses are smaller than OLD MILL HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Wadeford.

OLD MILL HOUSE: Plot and Title Map

OLD MILL HOUSE sits on a plot of roughly 4.6 acres, or 18,758m². The below map shows the location of OLD MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

OLD MILL HOUSE is located on COURT MILL LANE in WADEFORD, in the TA20 postcode district. The below map shows the position of OLD MILL HOUSE on COURT MILL LANE.