CLOVERLEA, VICTORIA LANE, EVERCREECH, SHEPTON MALLET, BA4 6JW - £275,000

CLOVERLEA is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £275,000 in April 2022, which was around 36% below the average April 2022 detached price in the Somerset local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

CLOVERLEA Sold Prices

Land registry data shows five sales for CLOVERLEA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five CLOVERLEA 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
2022 25 APR	£275,000	£428,675	36% below HPI
2019 2 DEC	£225,000	£361,448	38% below HPI
2016 18 MAR	£227,000	£315,704	28% below HPI
2010 30 JUN	£192,000	£272,428	30% below HPI
2006 17 FEB	£143,000	£253,301	44% below HPI

CLOVERLEA 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 five CLOVERLEA sales between February 2006 and April 2022 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 December 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is CLOVERLEA?

CLOVERLEA is 69m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Evercreech, based on EPC data. The below chart shows the distribution of detached houses by size in Evercreech, and where CLOVERLEA lies on this distribution: 15% of detached houses are smaller than CLOVERLEA, and 85% of houses are larger. Note that EPC data is not available for all properties in Evercreech.

CLOVERLEA: Plot and Title Map

CLOVERLEA sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of CLOVERLEA, 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 CLOVERLEA). 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 CLOVERLEA?

CLOVERLEA is located on VICTORIA LANE in EVERCREECH, in the BA4 postcode district. The below map shows the position of CLOVERLEA on VICTORIA LANE.