THE WATER MILL, MILL HILL, WELLOW, BATH, BA2 8QJ - £2,175,000

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

THE WATER MILL is a large extended detached house of 260m², built sometime before 1900. It was last sold for £2,175,000 in January 2021, which was around 258% above the average January 2021 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

THE WATER MILL Sold Prices

Land registry data shows three sales for THE WATER 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 Bath and North East Somerset local authority area for the corresponding sale date. All of the three THE WATER 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
2021 14 JAN	£2,175,000	£608,067	258% above HPI
2017 28 JUN	£1,775,000	£526,093	237% above HPI
2014 7 APR	£1,080,000	£417,050	159% above HPI

THE WATER MILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three THE WATER MILL sales between April 2014 and January 2021 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 June 2017 sale was for 237% above the HPI. So the extrapolation line tracks at 237% above the HPI over time, until the January 2021 sale, where it rises to 258% above the HPI. The line then continues to track at 258% above the HPI.

How Large is THE WATER MILL?

THE WATER MILL is 260m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Wellow, based on EPC data. The below chart shows the distribution of detached houses by size in Wellow, and where THE WATER MILL lies on this distribution: 74% of detached houses are smaller than THE WATER MILL, and 26% of houses are larger. Note that EPC data is not available for all properties in Wellow.

THE WATER MILL: Plot and Title Map

THE WATER MILL sits on a plot of roughly 1.1 acres, or 4,482m². The below map shows the location of THE WATER 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 THE WATER 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 THE WATER MILL?

THE WATER MILL is located on MILL HILL in WELLOW, in the BA2 postcode district. The below map shows the position of THE WATER MILL on MILL HILL.