1, Mill Lane
1, Mill Lane
Description & Estimates
1, Mill Lane, Chard is recorded publicly as a period freehold house across 1,915 ft2 of internal area, sitting on a 429 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Mill Lane, Chard is £461,142 and its rental estimate is £1,395 per month, given the available information and assuming reasonable condition.
Mill Lane, Forton, Chard, TA20 falls within the TA20 postal district.
Our Data Sources
1, Mill Lane, Chard has 21 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Mill Lane, Chard, we estimate a market value of £484,199 and a rental value of £1,465 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £428,862 and £1,298 per month respectively.
Recent Market Change
Over the last year, 1, Mill Lane, Chard has seen its estimated sale value drop by £3,161 (0.7%) and its estimated rental value rise by £20 per month (1.5%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 1, Mill Lane, Chard as measuring 429 m2.
That makes it the 2nd largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
Energy Efficiency
1, Mill Lane, Chard has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Mill Lane, Chard completed on 13th October 2023 at £471,250 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 13.8% over the period since October 2023.
- Sold Oct 2023£471,250
- Sold Mar 1996£38,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Mill Lane, Chard have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2020, was Lift The Latch, Blacklands Lane, Chard, TA20 2NF, a freehold house which sold for £565,000.
Read more about house prices in TA20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 29 addresses on Mill Lane, Forton, Chard, TA20, 1, Mill Lane, Chard comes out as the largest and the most expensive in our analysis of the public data.
It is also £169k more expensive than the average property across the TA20 district.
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Schools Nearby
- 2.1kmAvishayes Community Primary School
- 2.1kmTatworth Primary School
- 2.2kmManor Court Community Primary School
- 2.6kmHolyrood Academy
- 9.4kmAxe Valley Academy
- 11.2kmWadham School
More reading links
Public Transport Nearby
From 1, Mill Lane, Chard, the nearest station is Axminster, 10.2 kilometres away.
- 10.2kmAxminster
- 11.3kmCrewkerne
- 18.8kmHoniton
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
