5, MILLERS WAY, BISHOPS LYDEARD, TAUNTON, TA4 3NP - £172,000

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.

5 MILLERS WAY is a very small terraced house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £190,819. It was last sold for £172,000 in August 2021, which was around 16% below the average August 2021 terraced price in the Somerset local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

5 MILLERS WAY Sold Prices

Land registry data shows two sales for 5 MILLERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. Both of the two 5 MILLERS WAY 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
2021 13 AUG	£172,000	£204,702	16% below HPI
2007 30 NOV	£124,000	£160,310	23% below HPI

5 MILLERS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Somerset local authority area over time, sourced from the HPI. The two 5 MILLERS WAY sales from November 2007 and August 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 November 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 MILLERS WAY be worth now?

5 MILLERS WAY might now be worth an estimated £190,819.

This is based on house price inflation of 10.9%, between August 2021 and June 2025, for terraced 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 10.9% inflationary increase is applied to the most recent sale price for 5 MILLERS WAY of £172,000 on 13th August 2021. For the value to have increased from £172,000 to £190,819 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 5 MILLERS WAY has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The August 2021 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILLERS WAY has not materially changed since August 2021.

How Large is 5 MILLERS WAY?

5 MILLERS WAY is 55m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of terraced houses houses in Bishops Lydeard, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bishops Lydeard, and where 5 MILLERS WAY lies on this distribution: 1% of terraced houses houses are smaller than 5 MILLERS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bishops Lydeard.

5 MILLERS WAY: Plot and Title Map

5 MILLERS WAY sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 5 MILLERS WAY, 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 5 MILLERS WAY). 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 5 MILLERS WAY?

5 MILLERS WAY is located in BISHOPS LYDEARD, in the TA4 postcode district. The below map shows the position of No. 5 on MILLERS WAY.