Unlikely, apart from the stretch of the letters, the nearest mill (rebuilt 1887) is in a dip about a mile away with 2 railway embankments between. I would guess the town was pretty built up too. The house has a late Victorian, Edwardian look about it. I am pretty sure it was built to be near to the railway station, which is on a line direct to Swindon and thus London.
I am sure there are records that will help me identify some years, like when the name changed. And given that it was carved in stone, it must have been an important reason to want to change it.