MILLBROOK, BUBWITH FARM, WOOKEY HOLE, WELLS, BA5 1BA - £215,000

MILLBROOK is a very small detached house of 50m², built sometime before 1900. It was last sold for £215,000 in April 2021, which was around 44% below the average April 2021 detached price in the Somerset local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

MILLBROOK Sold Prices

Land registry data shows four sales for MILLBROOK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the four MILLBROOK 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 21 APR	£215,000	£382,960	44% below HPI
2003 16 APR	£124,000	£210,710	41% below HPI
2002 15 FEB	£210,000	£162,170	29% above HPI
2001 11 SEP	£135,000	£155,558	13% below HPI

MILLBROOK 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 four MILLBROOK sales between September 2001 and April 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 April 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is MILLBROOK?

MILLBROOK is 50m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Wookey Hole, based on EPC data. The below chart shows the distribution of detached houses by size in Wookey Hole, and where MILLBROOK lies on this distribution: Less than 1% of detached houses are smaller than MILLBROOK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wookey Hole.

MILLBROOK: Plot and Title Map

MILLBROOK sits on a plot of roughly 0.022 of an acre, or 87m². The below map shows the location of MILLBROOK, 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 MILLBROOK). 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 MILLBROOK?

MILLBROOK is located on BUBWITH FARM in WOOKEY HOLE, in the BA5 postcode district. The below map shows the position of MILLBROOK on BUBWITH FARM.