4, MILL LANE, BECKINGTON, FROME, BA11 6SN - £499,950

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 LANE is a very small detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £815,684. It was last sold for £499,950 in February 2011, which was around 79% above the average February 2011 detached price in the Somerset local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

4 MILL LANE Sold Prices

Land registry data shows three sales for 4 MILL LANE 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 4 MILL LANE 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
2011 1 FEB	£499,950	£279,980	79% above HPI
2006 19 DEC	£450,000	£286,826	57% above HPI
2005 31 AUG	£360,000	£266,383	35% above HPI

4 MILL LANE 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 4 MILL LANE sales between August 2005 and February 2011 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 2006 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2011 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 4 MILL LANE be worth now?

4 MILL LANE might now be worth an estimated £815,684.

This is based on house price inflation of 63.2%, between February 2011 and August 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 63.2% inflationary increase is applied to the most recent sale price for 4 MILL LANE of £499,950 on 1st February 2011. For the value to have increased from £499,950 to £815,684 over the thirteen years and six months to August 2025, the following assumptions must hold true:

• The value of 4 MILL LANE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2011 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL LANE has not materially changed since February 2011.

How Large is 4 MILL LANE?

4 MILL LANE is 98m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses houses in Beckington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beckington, and where 4 MILL LANE lies on this distribution: 8% of detached houses houses are smaller than 4 MILL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Beckington.

4 MILL LANE: Plot and Title Map

4 MILL LANE sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 4 MILL LANE, 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 LANE). 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 LANE?

4 MILL LANE is located in BECKINGTON, in the BA11 postcode district. The below map shows the position of No. 4 on MILL LANE.