THE TOWN MILL HOUSE, MILL LANE, MERE, WARMINSTER, BA12 6DA - £465,000

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 TOWN MILL HOUSE is a very large extended semi-detached house of 171m², built sometime before 1900. It was last sold for £465,000 in May 2014, which was around 45% above the average May 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

THE TOWN MILL HOUSE Sold Prices

Land registry data shows two sales for THE TOWN MILL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two THE TOWN MILL HOUSE 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
2014 16 MAY	£465,000	£321,092	45% above HPI
1995 7 JUL	£128,500	£99,609	29% above HPI

THE TOWN MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two THE TOWN MILL HOUSE sales from July 1995 and May 2014 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 July 1995 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2014 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is THE TOWN MILL HOUSE?

THE TOWN MILL HOUSE is 171m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where THE TOWN MILL HOUSE lies on this distribution: 84% of detached houses are smaller than THE TOWN MILL HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Mere.

THE TOWN MILL HOUSE: Plot and Title Map

THE TOWN MILL HOUSE sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of THE TOWN MILL HOUSE, 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 TOWN MILL HOUSE). 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 TOWN MILL HOUSE?

THE TOWN MILL HOUSE is located on MILL LANE in MERE, in the BA12 postcode district. The below map shows the position of THE TOWN MILL HOUSE on MILL LANE.