4, MILL CLOSE, NETHER STOWEY, BRIDGWATER, TA5 1NX - £225,000

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.

4 MILL CLOSE is a midsized extended detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £354,923. It was last sold for £225,000 in August 2013, which was around 21% below the average August 2013 detached price in the Somerset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

4 MILL CLOSE Sold Prices

Land registry data shows two sales for 4 MILL CLOSE 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 4 MILL CLOSE sales were for below 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
2013 28 AUG	£225,000	£284,504	21% below HPI
2001 13 JUN	£136,950	£153,003	10% below HPI

4 MILL CLOSE 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 4 MILL CLOSE sales from June 2001 and August 2013 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 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 MILL CLOSE be worth now?

4 MILL CLOSE might now be worth an estimated £354,923.

This is based on house price inflation of 57.7%, between August 2013 and June 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 57.7% inflationary increase is applied to the most recent sale price for 4 MILL CLOSE of £225,000 on 28th August 2013. For the value to have increased from £225,000 to £354,923 over the twelve years and two months to June 2025, the following assumptions must hold true:

• The value of 4 MILL CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2013 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL CLOSE has not materially changed since August 2013.

How Large is 4 MILL CLOSE?

4 MILL CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Nether Stowey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nether Stowey, and where 4 MILL CLOSE lies on this distribution: 58% of detached houses houses are smaller than 4 MILL CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.

4 MILL CLOSE: Plot and Title Map

4 MILL CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 4 MILL CLOSE, 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 4 MILL CLOSE). 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 4 MILL CLOSE?

4 MILL CLOSE is located in NETHER STOWEY, in the TA5 postcode district. The below map shows the position of No. 4 on MILL CLOSE.