FAIRHAVEN, OAKE, TAUNTON, TA4 1BA - £365,000

FAIRHAVEN is a small detached house of 97m², built sometime before 1900. It was last sold for £365,000 in April 2022, which was around 15% below the average April 2022 detached price in the Somerset local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

FAIRHAVEN Sold Prices

Land registry data shows two sales for FAIRHAVEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two FAIRHAVEN 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 22 APR	£365,000	£428,675	15% below HPI
2021 22 APR	£260,000	£382,960	32% below HPI

FAIRHAVEN 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 two FAIRHAVEN sales from April 2021 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 April 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is FAIRHAVEN?

FAIRHAVEN is 97m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Oake, based on EPC data. The below chart shows the distribution of detached houses by size in Oake, and where FAIRHAVEN lies on this distribution: 32% of detached houses are smaller than FAIRHAVEN, and 68% of houses are larger. Note that EPC data is not available for all properties in Oake.

FAIRHAVEN: Plot and Title Map

FAIRHAVEN sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of FAIRHAVEN, 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 FAIRHAVEN). 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 FAIRHAVEN?

FAIRHAVEN is located in OAKE, in the TA4 postcode district. The below map shows the position of FAIRHAVEN in OAKE.