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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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4, Mill Lane, Minehead is recorded publicly as a period freehold house across 1,001 ft2 of internal area, sitting on a 377 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Mill Lane, Minehead is £312,396 and its rental estimate is £1,606 per month, given the available information and assuming reasonable condition.
Mill Lane, Dunster, Minehead, TA24 falls within the TA24 postal district.
4, Mill Lane, Minehead has a single entry in the Land Registry from June 2015 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 4, Mill Lane, Minehead, we estimate a market value of £328,016 and a rental value of £1,686 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,528 and £1,493 per month respectively.
Over the last year, 4, Mill Lane, Minehead has seen its estimated sale value move down by £3,614 (1.2%) and its estimated rental value increase by £65 per month (4.1%). This results in an estimated gross rental yield of 6.2%.
HM Land Registry records the plot of land for 4, Mill Lane, Minehead as measuring 377 m2.
That makes it the 2nd largest plot in the postcode, where 3 of the 9 other houses have recorded plot data.
4, Mill Lane, Minehead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Sep 2024.
The property is connected to mains gas and has multiple glazing throughout. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Mill Lane, Minehead completed on 17th June 2015 at £220,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 33.2% over the period since June 2015.
Over the past 2 years 3 properties similar to 4, Mill Lane, Minehead have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th March 2023, was 7, Park Street, Minehead, TA24 6SR, a freehold house which sold for £245,000.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 11 addresses on Mill Lane, Dunster, Minehead, TA24, 4, Mill Lane, Minehead comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £3k more expensive than the average property across the TA24 district.
From 4, Mill Lane, Minehead, the nearest station is Rhoose Cardiff International Airport, 23.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Mill Lane, Minehead, 50.0% of property is privately owned outright and 20.7% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Mill Lane, Minehead, 10.1% of residents are recorded as possessing school level qualifications and 41.1% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Mill Lane, Minehead, the average age was 52.1 and the most common age was 62.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Mill Lane, Minehead, 1.7% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Mill Lane, Minehead, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
