PEN MILL, COOMBE STREET, PEN SELWOOD, WINCANTON, BA9 8NF - £1,015,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PEN MILL is a midsized extended detached house of 165m², built sometime before 1900. It was last sold for £1,015,000 in March 2023, which was around 126% above the average March 2023 detached price in the Somerset local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

PEN MILL Sold Prices

Land registry data shows three sales for PEN MILL 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 PEN 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
2023 1 MAR	£1,015,000	£448,405	126% above HPI
2015 29 JUL	£740,000	£302,418	145% above HPI
2010 16 JUL	£695,000	£273,917	154% above HPI

PEN 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 three PEN MILL sales between July 2010 and March 2023 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 July 2015 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the March 2023 sale, where it falls to 126% above the HPI. The line then continues to track at 126% above the HPI.

How Large is PEN MILL?

PEN MILL is 165m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the largest 50% of detached houses in Penselwood, based on EPC data. The below chart shows the distribution of detached houses by size in Penselwood, and where PEN MILL lies on this distribution: 55% of detached houses are smaller than PEN MILL, and 45% of houses are larger. Note that EPC data is not available for all properties in Penselwood.

PEN MILL: Plot and Title Map

PEN MILL sits on a plot of roughly 0.775 of an acre, or 3,135m². The below map shows the location of PEN 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 PEN 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 PEN MILL?

PEN MILL is located on COOMBE STREET in PEN SELWOOD, in the BA9 postcode district. The below map shows the position of PEN MILL on COOMBE STREET.